Indian Overseas BankNSE IOB Stock Report

Indian Overseas Bank engages in the provision of commercial banking services. The company is headquartered in Chennai, Tamil Nadu and currently employs 22,051 full-time employees. The company went IPO on 2000-09-25. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank’s operations consist of domestic deposits; domestic advances; foreign exchange operations; investments; micro, small and medium enterprises, including MUDRA Loan Scheme; retail banking, including Arogya Mahila Savings Bank Accounts; Mid Corporate department; agricultural credit portfolio; loans to small and marginal farmers; loans to non-corporate farmers, and microfinance. Its personal banking services include saving bank, current account, term deposit, retail loans, and mortgages and depository services. The company offers merchant banking for issues, debenture trustee, dividend/interest warrant and others. The company also offers Internet and mobile banking services. Its overseas branches with operations in Singapore, Colombo, Hong kong and Bangkok.