Indian Overseas Bank has organized a ‘Retail Utsav’ across all its branches in Delhi on August 16. The main function was organised at the Parliament Street Branch. Sanctions to the tune of Rs 44 crore under various retail and MSME loans schemes were given to the customers of the bank at the function. The bank is lending greater focus on retail lending, which has lower turnaround time, in order to cater to increased demand from customers.
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.
