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What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Indian Overseas Bank (IOB) was founded on 10th February, 1937 by Shri. M. Ct. M. Chidambaram Chettyar, a pioneer in many fields such as, Banking, Insurance and Industry with the twin objectives of specializing in foreign exchange business and overseas banking. IOB had the unique distinction of commencing business in 10th February 1937 (on the inaugural day itself) in three branches simultaneously - at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang. As on 31 December 2020, the Bank had 3,219 domestic branches, comprising of 904 rural branches, 960 Semi Urban branches, 653 urban branches and 702 Metropolitan branches. The bank has 3129 ATMs as on 31 December 2020 across the country.