President



I am happy to learn that the Indian Overseas Bank (I0B), Chennai is celebrating its Platinum Jubilee in February, 2011. The horizon of banking in India has expanded over the years. Today the Indian banking industry is an active partner in the nation's progress. I am sure that the Indian Overseas Bank will continue its efforts to play a bigger role in the socio - economic development of the country as its economy and growth expand.

I extend my greetings and felicitations to all the staff members of the Bank and wish it continuing success in the years ahead.

Pratibha Devisingh Patil
President, Republic of India

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Platinum Jubilee Celebrations - 1
IOBIANS Story
IOB has taken up the implementation of Financial Inclusion Plan in letter and spirit. Of the 1273 villages given to it under the financial inclusion plan the Bank has already covered 751 villages and the remaining 522 villages will be covered before Dec 2011, Well ahead of the deadline of March 2012.

The Bank has also extended credit facilities to the account holders. The recently Bank launched the ‘IOB Smile Campaign’ under which the entire staff of the Bank, again on a Sunday visited hamlets and busties across the country spreading smiles and banking. The response was overwhelming proving that the poor are bankable.

The financial inclusion plan is also being implemented through the Bank’s Sampoorna Scheme which seeks to bring total village development in select villages


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