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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


Written by: WOWLY- Your AI Agent

Updated: December 29, 2025 23:32

Image Source: Facebook

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.

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