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IOB gets I-T demand notice for 766cr
Chennai: Indian Overseas Bank (IOB) has received a demand notice from the income tax department for Rs 766 crore. It pertains to AY 2015-16. The autho.
cityfalcon.com·29d ago
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Cyber fraud! Odisha youth arrested over suspicious Rs 1.25 crore transactions
In a joint operation, police from Anandapur and Nandipada arrested an alleged cyber fraud accused from Jamitira village in Bhadrak district on Sunday. Also Read: No OTP required: Beware! Cyber fraudsters now scam people by seeking help in malls & metro stations The accused, identified as Atish Panda — son of a PET teacher from a school in Gedma — was taken into custody after authorities received inputs about suspicious financial activity in an account at Canara Bank in Anandapur. Police found that transactions exceeding Rs 1 crore had taken place within just one month through the account, raising red flags. Following a detailed investigation, separate teams from Anandapur and Nandipada police stations tracked and arrested the accused. During the operation, officials seized multiple items, including a bank passbook, ATM cards, SIM cards and an Aadhaar card of Atish Panda. Police are continuing further investigation to trace possible links to a wider cyber fraud network. “As part of the ongoing ‘Cyber Kavach’ operation in our district, Anandapur police have arrested a cybercriminal.
cityfalcon.com·1mo ago
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Indian Overseas Bank expands start-up focused branches to Delhi, Mumbai, Bengaluru
Launched in June 2024, the Chennai start-up branch has supported 33 start-ups operating in emerging sectors such as EVs, clean energy and robotics handled business exceeding ₹100 crore
cityfalcon.com·2mo ago
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Indian Overseas Bank expands startup banking network, launches IOB Gram Sweekar
On the launch of 'Startup Banking Branch Network', the lender said it has operationalised exclusive Startup Banking branches in Delhi, Mumbai and Bengaluru following the success of its maiden 'Startup Banking' branch in Chennai
cityfalcon.com·2mo ago
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Indian Overseas Bank Inaugurates Start-Up Branch in Mumbai on 90th Foundation Day
Indian Overseas Bank Inaugurates Start-Up Branch in Mumbai on 90th Foundation Day
cityfalcon.com·2mo ago
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