Indian Overseas Bank

  www.iob.in
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Indian Overseas Bank Reviews

Updated August 13, 2014
Updated August 13, 2014
34 Reviews

3.6
34 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Indian Overseas Bank Chairman & Managing Director Shri. M.Narendra
Shri. M.Narendra
23 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Lucknow (India)
    Former Employee - Anonymous Employee in Lucknow (India)

    Pros

    human touch
    good work culture
    work and personal life balance

    Cons

    no as such...BANK IS GOOD AND WILL IMPROVE IN COMING DAYS

    Recommends
    Positive Outlook
  2.  

    Overall good experience. Great opportunities to move on the promotion ladder.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager  in  Ahmedabad (India)
    Current Employee - Assistant Manager in Ahmedabad (India)

    Pros

    No Govt businesses & no deep n old customers base. So not so hectic.

    Cons

    Staff shortage which result over burden on existing staff

    Advice to ManagementAdvice

    Increase staff recruitment. Automate the data and information flow from lower to upper & upper to lower mgt. Automate HR affairs system

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great Bank to work with !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager  in  Jalandhar, Punjab (India)
    Current Employee - Assistant Manager in Jalandhar, Punjab (India)

    Pros

    Good environment.
    Friendly staff
    Less sales pressure compared to pvt organisation.

    Cons

    Very few trainings
    IT Infrastructure is poor
    Rigid management

    Advice to ManagementAdvice

    Improve IT infrastructure.
    Focus on providing training to new employees.
    Fix role of staff in branch

    Approves of CEO
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  5.  

    IOB is not the place to be for people who have merit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager- Finance  in  Thānesar (India)
    Current Employee - Assistant Manager- Finance in Thānesar (India)

    Pros

    Good for people with links

    Cons

    Too much work for peanuts. Sycophants rule, hard workers are screwed

    Advice to ManagementAdvice

    Be employee friendly. Appreciate and appraise indicidual efforts.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Deteriorating organisation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Pensionable job but not recommended for youngsters

    Cons

    6 days high pressure work

    Advice to ManagementAdvice

    basic employment engagement policies need revision

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Overall good experienced people who have grown up in their career with experience and you get a variety of experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Analyst  in  Calcutta (India)
    Former Employee - Financial Analyst in Calcutta (India)

    Pros

    Good people to work with,the exposure in terms of project if you are in big branch is very good

    Cons

    Working hour is not fixed and People tend to confuse working late with more work contribution .it affects the work life balance and value is sometimes determined by your time presence in office than quality of work

    Advice to ManagementAdvice

    There should be some more training opportunities

    Recommends
    No opinion of CEO
  8.  

    Indian overseas bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager  in  Mumbai (India)
    Current Employee - Senior Manager in Mumbai (India)

    Pros

    Good bank to grow with and good people around

    Cons

    Nothing that comes to my ins

    Advice to ManagementAdvice

    Keep it up

    Positive Outlook
    Approves of CEO
  9.  

    homely atmosphere

    Current Employee - Assistant  in  Guwahati (India)
    Current Employee - Assistant in Guwahati (India)

    Pros

    good people to grow with,

    Cons

    sometimes union leaders become all in all,,,

    Advice to ManagementAdvice

    don't be submissive to these union politics...your organization is your first priority.

    Recommends
    No opinion of CEO
  10.  

    Wonderful training gorund for new employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager  in  Chennai (India)
    Former Employee - Assistant Manager in Chennai (India)

    Pros

    Good commitment and training. Some of the employees are very dedicated

    Cons

    Beauracracy and nepotism, conservative mindset of the Managment. No professionalism

    Advice to ManagementAdvice

    Please adopt new Management practices

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    exilent place for work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Special Recovery Officers  in  Alīgarh, Uttar Pradesh (India)
    Current Employee - Special Recovery Officers in Alīgarh, Uttar Pradesh (India)

    Pros

    very good relation among the staff . staff always happy.

    Cons

    some time posting is the problem only

    Advice to ManagementAdvice

    keep your staff update by giving more training and keep them happy by giving them right posting and motivation to work hard .

    Recommends
    Positive Outlook
    Approves of CEO

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