BANKING & FINANCE
IOB Welcomes RBI’s Status Quo, Says Move Supports Stable Credit Growth
Indian Overseas Bank (IOB) has welcomed the Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain its neutral monetary policy stance, saying the move reflects confidence in the resilience of the Indian economy despite an uncertain global environment. The public sector lender said the central bank’s policy would help […]
CW Bureau
·
Aug 5, 2026
BANKING & FINANCE
Indian Overseas Bank Bets On Digital, RAM For Next Phase Of Growth
Indian Overseas Bank (IOB) is entering a new phase of strategic growth anchored in financial stability, customer-centric transformation and operational efficiency, with a sharper focus on retail, agriculture and MSME (RAM) segments and technology-led delivery. The bank said rising adoption of mobile banking, UPI and internet banking is reshaping customer engagement, while fintech partnerships and […]
CW Bureau
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Jun 11, 2026
BANKING & FINANCE
RBI’s Policy Signals Focus On Stability Amid Global Uncertainties: IOB Chief
The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain a neutral policy stance reflects a balanced and prudent approach aimed at preserving macroeconomic stability amid an uncertain global environment, according to Indian Overseas Bank (IOB). Growth momentum remains resilient Commenting on the RBI’s latest monetary policy decision, Indian […]
CW Bureau
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Jun 6, 2026
BANKING & FINANCE
RBI’s Repo Rate Status Quo Reflects ‘Safety-First’ Approach, says IOB MD
The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% reflects a balanced and “safety-first” approach, prioritising macroeconomic stability, said Indian Overseas Bank MD & CEO Ajay Kumar Srivastava. Cautious policy amid global uncertainty While the Indian economy continues to demonstrate strong growth at 7.6%, a cautious stance is warranted amid […]
CW Bureau
·
Apr 8, 2026
