Rakuran (21 points) and Pratham Singh (18) played well for the winners which enabled IOB to lift the PSG Trophy.
In the women's, Southern Railways led 28-16 during half-time.
Geethu Anna Jose scored 16 points and Anitha 11 for the winners which helped Southern Railways bag the CRI Pumps Trophy, while Anamika Rai played well for the runners-up by pocketing 11 points.
Southern Railways were runners-up in the last edition.
