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The Latest Breaking News from Indian Overseas Bank

HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank list

HDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY 2021-22 to FY 2025-26. Private sector banks collected penalties from FY 2022-23 to FY 2025-26. Most public sector banks have now withdrawn these charges for savings accounts.…

The Economic Times

Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturity

Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year…

The Economic Times

Highest 1-year FD rates: Where will Rs 5 lakh grow the most in just one year?

Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investment in a one-year FD, explore top rates from public sector banks, private banks and small finance bank.

The Economic Times

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FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIs

Following RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have launched FCNR(B) schemes with attractive US dollar deposit rates. These schemes, effective from June 2026, offer interest rates up to 6.50% p.a. for tenures of 3 to 5 years,…

The Economic Times

10 lowest floating vs fixed home loan interest rates: PNB, ICICI Bank, Bank of Baroda and more

Home loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also increase with RBI policy. Fixed rates offer stable EMIs, which can be beneficial as income grows. ET Wealth Online presents the 10 lowest fixed and floating home loan rates…

The Economic Times

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

The Economic Times

UP police neutralize accused in Lucknow bank robbery case in encounter near Bihar border

In a significant breakthrough, the wanted accused in the Indian Overseas Bank (IOB) robbery case, Sunny Dayal, was neutralized in an encounter in Ghazipur near the Bihar border. Read further on Dynamite News:

Dynamite News

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Two accused in Lucknow bank robbery killed in separate encounters

Two criminals allegedly involved in the robbery at the Indian Overseas Bank Chinhat branch in Lucknow were killed in separate encounters. Read further on Dynamite News:

Dynamite News

IOB organises special campaign for SHGs

The Hindu

CBI registers ₹1,017-crore bank fraud case against Loha Ispaat, others

The company had taken credit facilities amounting to ₹812.07 crore from the consortium involving the Bank of India, Canara Bank, Indian Overseas Bank, Punjab National Bank and the Bank of Maharashtra

The Hindu

Tamil Nadu: CBI court sentences deceased bank chairman, directors to 3 year jail in 30-year-old case

CHENNAI: A Special court for CBI cases in Chennai sentenced the deceased former Chairman and Managing Director of Indian Overseas Bank and Kiran Overseas Bank along with its directors to three years imprisonment for misappropriation of bank funds and causing financial risk to Indian Bank.

The Times of India

Tamil Nadu: CBI court gives 3 year prison time for 30-year-old case

The Times of India

IOB have it easy against GST & Central Excise in CHA Super Division League

CHENNAI: Harmanpreet Singh (13th), Suresh Babu (32nd), Nambi Ganesh (37th) and Vinod Rayer (50th) scored one goal each to help Indian Overseas Bank beat GST Central Excise 4-2 in the CHA Super Division League match at the Mayor Radhakrishnan Stadium on Thursday.

The Times of India

Auto, home and personal loans become expensive with banks raising rates

NEW DELHI: Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike by RBI on Wednesday.

The Times of India

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The Hindu

Auto, home, personal loans become expensive with banks raising rates

A number of national banks have raised lending rates for their customers after RBI raised the benchmark repo rate by 50 basis points

The Hindu

CM appeals to public to contribute towards aid for Sri Lanka

CHENNAI

The Hindu

Banks give ₹14,699 crore to priority sectors

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