Indian afield Bank Indian Overseas Bank (IOB; set up 1937) is a major edge based in Chennai (Madras), with 1,400 municipal branches and six branches foreign. Indian Overseas Bank has an ISO certified inhouse learning Technology department, which has developed the software that 900 branches use to provide online confideing to customers; the bank has a target to expand online banking to 1200 branches by the end of fiscal year 2007-08. IOB also has a network of about ergocalciferol ATMs all over India and IOBs International VISA Debit circuit board is accepted at all ATMs belonging to the Cash corner and NFS networks. IOB offers internet Banking (E-See Banking) and is one of the banks that the Govt. of India has approved for online payment of taxes. |Indian Overseas Bank | |Type |Public (BSE, NSE) | |Founded |Madras, February 10, 1937 | |Headquarters |Chennai, India | |Products |Loans, Credit Cards, Savings, enthronisation | | |vehicles etc.
| |Website |http://www.iob.in/ | History 1937: Shri.M.Ct.M. Chidambaram Chettyar establishes the Indian Overseas Bank (IOB) to encourage overseas banking and foreign exchange operations. IOB started up simultaneously at cardinal branches, one each in Karaikudi, Madras (Chennai) and Rangoon (Yangon). It then quickly exposed a branch in Penang and another in Singapore. The bank served the Nattukottai Chettiars, who were a mercantile class that at the time had spreading from Chettinad in Tamil Nadu state to Ceylon (Sri Lanka), Burma (Myanmar), Malaya, Singapore, Java, Sumatra, and Saigon. As a result, from the branch IOB specialized in foreign exchange and overseas banking (see below). ... If you unavoidableness to get a full essay, order it on our website:
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