India Business News: CHENNAI: Public sector Indian Overseas Bank (IOB) has launched 'My Account My Name' for savings bank account customers.

IOB Trendy is a Savings Bank Account Scheme introduced by the bank towards this endeavour,” the bank said in a press statement. For opening an IOB Trendy account, a customer needs to be within ...

Explaining the provision for using share premium account to set off accumulated losses, an IOB statement said, “Section 17 (2) of The Banking Regulation Act, 1949 permits banks to appropriate ...

Public sector Indian Overseas Bank has made concerted efforts for a reduction in Non-Performing Accounts and has adopted a multi-pronged approach to ensure maximum recovery from such accounts. The ...