Tag: Indian Overseas Bank
Indian Overseas bank to raise Rs 900 crore through non-core assets...
Public sector lender Indian Overseas Bank (IOB) has said that it is planning to raise Rs 900 crore during current financial year though sale...
Karnam Sekar appointed as Indian Overseas Bank’s new MD & CEO
Dena Bank’s former Managing Director Karnam Sekar has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.
Sekar is...
Finance Ministry grants Rs 11,336 cr capital infusion in PSBs
The centre has given the final nod to the capital infusion of Rs 11,336 crore in five Public Sector lenders, to help them meet...
Indian Overseas Bank implements NPCI’s Bharat Bill Payment System
Public sector lender Indian Overseas Bank has started implementing Bharat Bill Payment System, which is introduced by the National Payments Corporation of India (NPCI).
Bharat...
EPFO partners with 5 banks for PF dues collection
To ensure a better mechanism for dues collection, Employees Provident Fund Office (EPFO) has partnered with five banks.
The venture with Bank of Baroda, ICICI...
Govt most likely to proceed with PSU bank merger: Arun Jaitley
The central government has said it is examining every possibility to proceed further with the merger of the public sector banking space without waiting...
‘Making Digital India Become A Reality’
Digital India is centered on three vision areas, first, is access to digital infrastructure to every citizen, second, is providing services on demand and...
Universal Sompo General Insurance elevates Rajiv Kumar as MD & CEO
Universal Sompo General Insurance Co. Ltd announced that Rajiv Kumar has been appointed as the new Managing Director & Chief Executive Officer. Universal Sompo General Insurance...
United Bank of India gets Rs 608 crores from Govt
United Bank of India (UBI) has received Rs 608 crores from the central government through preferential allotment of equity shares.
The Union Ministry of Finance...
Government funding saves PSBs
It seems a timely help by the central government has come as a relief for the Public Sector Banks (PSBs).
It may be noted since...
