Financial Services & Investing

IOB observes Rashtriya Ekta Diwas

Chennai, October 31, 2021: Rashtriya Ekta Diwas was observed by Indian Overseas Bank(IOB) today at its branches and administrative offices to commemorate the birth anniversary of Sardar Sri Vallabh Bhai Patel.

At the Central Office Chennai, the National Unity Pledge reinforcing the value of a strong and united India, was taken by MD & CEO, Shri Partha Pratim Sengupta, Executive Directors Shri Ajay Kumar Srivastava, Ms. S. Srimathy and other executives and staff.

About Indian Overseas Bank

Founded on February 10, 1937 by M. Ct. M. Chidambaram Chettyar with the twin objectives of specialising in foreign exchange business and overseas banking, Indian Overseas Bank (IOB) has ever since created various milestones in Indian Banking Sector.

IOB is today a leading public sector bank headquartered in Chennai (India). The bank has the distinction of simultaneously commencing operations in three branches at Karaikudi, Chennai and Yangon (Myanmar). Since the bank aimed to encourage overseas banking and foreign exchange operations, it soon opened its branches in Penang and Singapore. Today, Indian Overseas Bank covers a vast domain in the banking sector with over 3216 domestic branches, 3223 ATMs and 4 overseas branches.

IOB is now aggressively focussing on ‘Digital Banking’, with a view to doing away with all the paperwork like cheques, pay-in slips, demand drafts and so on, through its robust digital platform. Through Digital Banking, IOB wants to give its customers the luxury of freely accessing and performing all traditional banking activities 24×7 without having to personally go to a bank branch to get one’s work done. Digital Banking with IOB is possible through a laptop, tablet or one’s mobile phone. Over the last few years, Digital Banking has drastically changed the way IOB and its customers interact with each other. More and more IOB customers are today being connected to its Digital Banking platform with each passing day.

This news was shared to Prittle Prattle News via press release.

Related Posts

1 of 35