Indian Overseas Bank(IOB), an Indian public sector and commercial bank. Know more about the owner of Indian Overseas Bank and more company information. Indian Overseas Bank, is an Indian state-owned financial service company providing banking services for individuals and corporate customers in India and outside.
About the owner of Indian Overseas Bank
Indian Overseas Bank was incorporated in the year 1937 with twin objectives specializing in foreign exchange business and overseas banking. It started out with three branches located at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar).
M.Ct.M. Chidambaram Chettyar. MCT., as he was popularly known, was a pioneer in many fields – Banking, Insurance, and Industry. Now Government of India is the Owner of the Indian Overseas Bank.
About The Indian Overseas Bank Limited Wiki
|Company Name||Indian Overseas Bank|
| M.Ct.M. Chidambaram Chettyar
|CEO and MD||Partha Pratim Sengupta|
|Head Office||Chennai, India|
||763 Anna Salai,
Chennai – 600002
Details of the owner of Indian Overseas Bank(Wiki)
To point out, Indian Bank is a Government of India Undertaking and carries on all types of banking business.
T C A Ranganathan, Non-Executive Chairman of IOB. He was appointed by the Indian Government, Ministry of Finance, for a period of three years. Ranganathan has over 38 years of banking experience. He is qualified for his graduation and together with the post-graduation in Economics from St. Stephen’s College, Delhi School of Economics.
Shri. R. Subramaniakumar, current MD & CEO of IOB. Qualified with Science Graduate including Post Graduate Diploma in Computer Science, CAIIB. Moreover, he acquired skills in Information System Audit & Information Security along with CISA and CISM Certifications. Prior to the MD post, he held the post of Executive Director.
Before joining IOB, Subramaniakumar acted as the Executive Director of Indian Bank on 22nd January 2016. He was a pioneer in bringing business transformation with the introduction of Retail, MSME & other business verticals in the Indian Bank during the period. He leads the Digital Banking transformation with new products & services. In addition, Kumar joined Punjab National Bank and served for more than three decades. [/wpsm_titlebox]
Details of the Company
As of March 31, 2011, it operated a network of approximately 2,184 branches in India, 2 in Hong Kong, and 1 each in Singapore, South Korea, Sri Lanka, and Bangkok. The company also operates 1,043 automated teller machines.
Indian Bank, funded by Chettiar capital, was formed after the infamous Arthurbot crash. IOB was the bank that helped the country to spread its banking sector in the Far East. Owing to the lending assistance and prestige to hundreds and thousands of Indians abroad.
IOB has a structure covering about 3300 ATMs all over India. In addition, Indian Overseas Bank has branches in Singapore, Seoul, Colombo, and Bangkok. In fact, they have representative offices in Vietnam, Guangzhou, and Dubai. IOB also is part-owner of a joint-venture bank in Malaysia.
Finally, IOB was ranked no.1 among public sector banks by Business Today –PMG survey and Financial Express– Ernst & Young survey.
Indian Overseas Bank India Limited customer care
For ATM card inquiry and complaint Number and Email id.
- 044 – 2888 9359
For Internet and Mobile banking any kind of problems you can call in thous numbers.
- 044-2888 9350
- 044-2888 9338