#1
November 18th, 2017, 03:48 PM
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Indian Overseas Bank Shareholding Pattern
Hi I would like to have the information about Indian Overseas Bank (IOB) as well as its operations and also the share holding pattern for Indian Overseas Bank (IOB)?
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#2
November 20th, 2017, 08:46 AM
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Re: Indian Overseas Bank Shareholding Pattern
Indian Overseas Bank (IOB) is a noteworthy open segment bank situated in Chennai (Madras), with around 3700 household branches, incorporating 1150 branches in Tamil Nadu, 3 expansion counters, and eight branches and workplaces abroad starting at 30 September 2014. Indian Overseas Bank has an ISO ensured in-house Information Technology division, which had built up the product that its branches used to give web based keeping money to clients earlier. The bank has accomplished 100% systems administration status and 100% CBS status for its branches. IOB additionally has a system of around 3300 ATMs all finished India. The bank has taken a late jump towards web empowered saving money and information investigation by actualizing Infosys Finacle's most recent rack of programming executed by American innovation organization HPE and turned into the primary open area bank to get the most recent computerized managing an account programming, Finacle 10 suite.Indian Overseas Bank has branches in Singapur, Colombo, Seoul, and Bangkok. It has delegate workplaces in Guangzhou, Vietnam, and Dubai. IOB likewise is part-proprietor of a joint-wander bank in Malaysia. Joint Ventures/Tie Ups IOB went into Non Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with value interest of 19% alongside Allahabad Bank, Karnataka Bank and Dabur Investments. Indian Overseas Bank(IOB) has tie up with Apollo Munich Health Insurance to give particular wellbeing and individual mischance items to its clients. Share Holding Pattern of Indian Overseas Bank as on 30.06.2017 |
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