IOB

Indian Overseas Bank, founded in 1937 by Chidambaram Chettyar, is a state-controlled public sector bank in India. It operates in the banking and financial services industries, providing a range of products and services including foreign exchange operations, overseas banking, and retail, corporate, and social banking services. The bank serves clients both domestically and internationally, with a presence in India, Singapore, Hong Kong, Thailand, and Sri Lanka. Indian Overseas Bank is one of the 14 major banks nationalized in 1969. The bank is involved in national financial inclusion initiatives and core sector lending as part of its operations.