Indian Overseas Bank believes in upgrading to the latest technology and expanding its reach year by year. Indian Overseas Bank currently has more than 31,000 employees. The selection of the employees happens through the national entrance test IBPS and then they go through training at the end of ...
Final interest rate = MCLR(marginal cost of fund lending rate) + Interest rate - discounts Let's consider a scenario where MCLR is 2.25% (general MCLR rate) and the interest rate paid to the bank is 8.55%, in addition to that we'll have some additional interest rate over other expense...