Profits were driven by robust growth in advances in the retail, agri and SME (RAM) sector, and were also helped by the bank’s shift to the new tax regime following deferred tax adjustments in recent years | Photo credit: Public sector lender Indian Overseas Bank (IOB) posted 56 per cent year-on-year growth in consolidated net […]
About 2 lakh retired bankers opted for this group policy last year. | Photo credit: Thicha Satapitanon A Supreme Court decision granting interim relief on the applicability of GST on group insurance policies of retired banks is likely to ease the burden on senior citizens. While the GST Council has not exempted GST for group […]
About 2 lakh retired bankers opted for this group policy last year. | Photo credit: Thicha Satapitanon A Supreme Court decision granting interim relief on the applicability of GST on group insurance policies of retired banks is likely to ease the burden on senior citizens. While the GST Council has not exempted GST for group […]
In a press release on Wednesday, the bank said that it had already been waived from minimal balance costs for schemes, including IOB Sixty Plus, IOB Savings Bank Pensioner, small accounts, Salary package IOB Savings Bank. | Photocredit: Raghunathan SR The Indian overseas bank of the public sector announced a distance of penalty costs on […]
Markets traded moderately on the monthly due date and ended almost unchanged in the midst of mixed signals. Since the RBI policy meets the outcome approaches, analysts said that tariff-sensitive sectors such as banking, car and realty probably remain in focus. “Technically, 24,600 remains an immediate support and an infringement could open the doors for […]
Indian Offen of Bank (IOB) Headquarters on Annai Salai in Chennai. Pohoto: The Raban Sr / The Hinddu Cliss | Photocredit: Rainty Raghts Indian Overseas Bank (IOB), established in Chennai, has announced a distance of distance from criminal costs for non-maintenance of minimum average balance (MAB) in its savings account (SB-Public), in force from 1 […]
FSIB was founded by the Central Government to recommend candidates for appointment as directors and non-executive chairman in the Councils of Councils The government has expanded the term of office of six executive directors (EDS) of various banks in the public sector in a clear signal that it wants stability of a permanent appointment for […]
The government has dealt dealers and legal advisers for the sale of minorities in LIC and other financial institutions for the public sector, Ministry of Investment and Public Asset Management (DIPAM) (DIPAM) Secretary Arunish Chawla, said Friday. “As far as Lic is concerned, we have completed the RFP process. The process for the appointment of […]