IOB (IOB) News
Follow IOB (IOB) news in one place: company catalysts, earnings, analyst actions and wider market developments. Review 8 public stories across 6 publication days to understand how the story developed. Public news appears after a 15-minute delay; LiveCast subscribers can follow new headlines and hear important updates without this additional delay.
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Indian Overseas Bank Raises MCLR by 5 Bps Across Six Tenors
Indian Overseas Bank raised MCLR by 5 basis points across six tenors effective October 15, 2026. The one-month rate is unchanged; overnight MCLR rose to 7.95% from 7.90%, and three-month MCLR to 8.50% from…
RATES | Oct 12, 2026, 02:31 PM UTC
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RBI hikes rates by 25 basis points
RBI raised its policy rate by 25 basis points, but Indian banks may delay deposit-rate increases due to higher FCNR(B) inflows and ample liquidity.
CENTRAL_BANK | Oct 07, 2026, 04:08 PM UTC
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RBI raises repo rate and shifts to calibrated tightening
The Reserve Bank of India raised the repo rate and shifted its monetary policy stance to calibrated tightening, making it more hawkish while economists expect the current tightening cycle to remain shallow.
CENTRAL_BANK | Oct 07, 2026, 11:50 AM UTC
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State Banks Deepen Credit Card Footprint
Saloni Shukla Mumbai: Public sector banks are deepening their footprint in the burgeoning credit card market with Bank of Baroda and Canara Bank breaking into the top five issuers by net additions for the first time this
NEWS | Sep 28, 2026, 04:12 AM UTC
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Eight PSU banks lack non-executive chairmen, raising governance concerns
Mumbai, Sept. 28 -- Eight of India's 11 public sector banks, excluding State Bank of India (SBI), currently lack a non-executive chairman, with some vacancies persisting for years, pointing to prolonged appointment delay
NEWS | Sep 28, 2026, 03:03 AM UTC
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Officials discuss credit ecosystem of TN in 187th State Level Bankers’ Committee (SLBC) meet
The 187th meeting of the State Level Bankers’ Committee (SLBC), Tamil Nadu, was recently held at Chennai, to review the performance of the banking sector as of June 2026 in the State. The meeting also deliberated upon va
NEWS | Sep 27, 2026, 10:51 AM UTC
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Novio and Indian Overseas Bank launch co-branded RuPay credit card
Consumer credit platform novio, operated by Credilio Financial Technologies, partnered with Indian Overseas Bank (IOB) to launch a co-branded RuPay credit card aimed at UPI-active customers and first-time credit users.
EQUITY | Sep 17, 2026, 06:22 AM UTC
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Chhattisgarh plans integrated mineral value chain, CM Vishnu Deo Sai says
Chhattisgarh seeks an end-to-end mineral value chain spanning exploration, mining, processing, value addition, advanced manufacturing and recycling, chief minister Vishnu Deo Sai said. The state invited investors ahead o
EQUITY | Sep 01, 2026, 01:49 PM UTC