Indian Overseas Bank expands Startup Banking network, launches IOB Gram Sweekar
CHENNAI: (Feb 14) Commemorating its 90th Foundation Day, public sector Indian Overseas Bank has strengthened its startup banking network with the inauguration of ‘Startup Banking’ branches, a top official said on Saturday.
The Chennai-headquartered bank also launched its rural outreach programme ‘IOB Gram Sweekar’ under which 90 Gram Panchayats across 14 districts in Tamil Nadu and in Thiruvananthapuram, Kerala, were adopted.
“Indian Overseas Bank, marked its 90th Foundation Day by launching two significant initiatives aimed at strengthening India’s startup ecosystem besides focusing on deepening financial inclusion in rural communities,” the bank said in a statement on Saturday.
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