Focus Merit

Tag: Indian Overseas Bank (IOB)

Partha Pratim Sengupta appointed as the new MD & CEO of IOB

Partha Pratim Sengupta
  • Partha Pratim Sengupta appointed as the new Managing Director (MD) & Chief Executive Officer (CEO) of Indian Overseas Bank (IOB) by replacing Karnam Sekar.

Special borrowing scheme for SHGs launched by IOB.

Indian Overseas Bank (IOB)
  • Indian Overseas Bank has launched a special Borrowing scheme for the Self Help Groups (SHGs) that are having good track record and a history of minimum two loans from IOB. 
  • This facility can be availed till June 30, 2020 only by those SHGs whose existing loans are standard and performing as on March 1, 2020.