Kenil_Rana

Indian Overseas Bank Ltd

Long
NSE:IOB   INDIAN OVERSEAS BK
Indian Overseas Bank Ltd (1D)
CMP 39.60

- stock is consolidating in narrow Range
- Ready for Upmove from here

Already Covered at 27.05

Sector : Banking
Industry : Bank - Public
Market Cap : 74,853.55 cr.
Category : Mid cap
PE : 31.96
Industry PE : 8.27
PEG : 0.41

About Company
Indian Overseas Bank (IOB) was founded on February 10, 1937 by Shri. M.Ct.M. Chidambaram Chettyar, a pioneer in many fields. The Bank was founded by him with. the main objective of specializing in foreign exchange business in banking to take the Bank across the globe. IOB was one of the major banks that were nationalized in 1969.

Indian Overseas Bank (10B) was founded on February 10, 1937 by Shri. M.CL.M. Chidambaram Chettyar, a pioneer in many fields. The Bank was founded by him with the main objective of specializing in foreign exchange business in banking to take the Bank across the globe. IOB was one of the major banks that were nationalized in 1969.

Business area of the Bank

Indian Overseas Bank is a pioneer in many fields Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.

Product and services offered by the bank

• Personal Banking
• Digital Banking
• NRI
• Agri/Rural
• Retail
• MSME
• Corporate/Forex

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