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Indian Overseas Bank 

“Market Cap $1.04 B As of May 2014

At a Glance
  • Industry: Regional Banks
  • Founded: 1937
  • Country: India
  • CEO: M Narendra
  • Website: www.iob.com
  • Employees: 28,280
  • Sales: $4.14 B
  • Headquarters: Chennai
Forbes Lists

#1748 Global 2000

  • #1976 in Sales
  • #564 in Assets
Profile

Indian Overseas Bank provides commercial banking services. The company operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The bank’s services include personal banking, corporate banking, NRI accounts, mobile banking and internet banking. Its products include saving bank account, current account, retail products, international VISA card, third party insurance and term deposits. Indian Overseas Bank was founded on February 10, 1937 by Muttaiya Chidambaram Chettiar and is headquartered in Chennai, India.

*Information from Forbes.com

**Video published on YouTube by “mrsrao2009