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Re: Indian Overseas Bank Core Banking RFP
Indian Overseas Bank is a major public sector bank based in Chennai (Madras), with about 3400 domestic branches, including 1150 branches in Tamil Nadu, 3 extension counters, and eight branches and offices overseas as of 31 October 2017. Indian Overseas Bank Core Banking RFP (Request for Proposal) Bank profile Type Public Traded as BSE: 532388 NSE: IOB Industry Banking capital markets Founded 10 February 1937; 80 years ago Founder M. Ct. M. Chidambaram Chettyar Headquarters Chennai, Tamil Nadu, India Key people Shri. T C A Ranganathan (Non-Executive Chairman) Shri R. Subramania Kumar (MD & CEO) Shri. K. Swaminathan (Executive Director) Shri. Ajay Kumar Srivastava (Executive Director) Products Loans, credit cards, savings, investment vehicles etc. Revenue ₹23,517.29 crore (US$3.7 billion) (2016) Operating income ₹2,885 crore (US$450 million) (2016) Net income ₹-2,897.33 crore (US$−450 million) (2016) Total assets ₹274,436.76 crore (US$43 billion) (2016) Owner Government of India Number of employees 31,846 (2016) Capital ratio 9.66% (2016) |
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