| May 18th, 2017 09:06 AM | |
| Vishal Kotkar | Re: indian overseas bank cbs software Indian Overseas Bank (IOB) is a major public sector bank based in Chennai (Madras), with about 3700 domestic branches, Yes Indian Overseas Bank has rolled out its in-house developed Core Banking Software Solution (VBS) in all its 2026 branches. Indian Overseas Bank has also made available alternate delivery channels such as ATM, Internet Banking and Payment System such as RTGS, NEFT and Cheque Truncation System to its customers as per RBI guidelines. The CBS software and other application software developed by the Bank’s in-house team cater to most of the requirements of the bank. The CBS software is running successfully in 2026 branches. The bank plans to sell its CBS and other software through such a joint venture and has a well defined product roadmap for the same. The Bank has called for an EOI and short listed prospective IT companies for forming a JV. 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 (Executive Director with Additional Charge of MD & CEO) Shri. K. Swaminathan (Executive Director) Products Loans, credit cards, savings, investment vehicles etc. Revenue 23,517.29 crore (US$3.6 billion) (2016)[1] 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$42 billion) (2016) Owner Government of India Number of employees 31,846 (2016) Capital ratio 9.66% (2016) |
| May 18th, 2017 09:05 AM | |
| Unregistered | Re: indian overseas bank cbs software Hi buddy I heard Indian Overseas Bank has rolled out its in-house developed Core Banking Software (CBS) Solution in all its 2026 branches, is this statement true ?? |
| January 11th, 2016 03:34 PM | |
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