A recent press report said that there are many opportunities for young talented folks would be created in the banks in next 3 to 5 years as many senior managers would be retired. It is estimated that nearly half of the senior managers would be retired in the next 3 to 5 years and this… Read More »
A recent press report said that Indian Overseas Bank has posted a net profit Rs. 207. 46 crore for the second quarter ended September 30, 2011. The net profit has increased by only 0.64 per cent compared to the corresponding quarter last year which was Rs. 206.15 crore. The bank reported a total income of… Read More »
A recent press report said that Indian Overseas Bank has roped in Ernst and Young as a consultant to provide advice on spinning-off the bank’s IT division into a software subsidiary. Ernst and Young will act as a consultant with the valuation of the subsidiary and also help patent the bank’s core banking software. Unlike… Read More »