Indian Overseas Bank Enters Global Arena With RBI Nod For GIFT City Unit Indian Overseas Bank Enters Global Arena With RBI Nod For GIFT City Unit

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

Indian Overseas Bank (IOB) has received approval from the Reserve Bank of India to establish an IFSC Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City). The move aligns with the bank’s expansion strategy into international financial services and strengthens its presence in India’s premier global finance hub.