I am delighted to note that the Indian Overseas Bank is now commencing the 75th year of its operations in the service of our nation. Public sector banks have played a defining role in turning the giant wheels of the Indian economy. In the future they will be called to play a much bigger role in shaping and sustaining the growth momentum.

This is also an occasion for the Bank to take on the vital challenge of financial inclusion. We know that financial access is especially powerful for the poor as it provides them opportunities to build savings, make investments, avail credit, and above all, insure themselves against income shocks. This is an opportune time for the Bank to re-dedicate itself to this critical aspect of nation building.

I am sure Indian Overseas Bank, with its excellent track record, will continue to serve the country and its global customers with dedication, distinction and team spirit. I wish the Platinum Jubilee Celebrations all success.

Namo Narain Meena
Minister of State for Finance
(Expenditure & Financial Services)
Govt. of India