IOB meaning in Public Sector Bank in India ?

Answer:

What is Indian Overseas Bank mean?

Indian Overseas Bank (IOB) is a major Indian nationalised bank. It is under the ownership of Ministry of Finance, Government of India based in Tamilnadu, India, with about 3,400 domestic branches, about 6 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objectives of specialising in foreign exchange business and overseas banking, it has created various milestones in Indian Banking Sector. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. It is one of the two banks recommended for privatization by NITI ayog as per various news reports. As on 31 March 2021, IOB's total business stands at ₹379,885 crore (US$50 billion).

reference

Full Form	Category
Impact On Business	Business
Iranian Oil Bourse	Business
Index Out of Bounds	Computer Assembly Language
Internet Of Business	Computing
Internet Of Bees	Computing
Internet Of Bodies	Computing
Internet Of Buildings	Computing
3d Graphics Database In Tddd Format	File Type
International Order Book	General
Input Output Block	General
Institutul Oncologic Bucuresti	General
Input Output Blocks	General
I O bridge	General
Insulin On Board	General
Impact of Brass	General
Inside Outside Beginning	General
Inter Organization Board	General
Intelligence Oversight Board	Governmental
International Operations Branch (ORA)	Governmental
Institute of Bioinformatics	Governmental
Institute of Bankers	Governmental
Institute of Banking	Governmental
International Operations Branch	International
Input/output Bridge	Networking
Indian Overseas Bank	Public Sector Bank in India
Input/output Box	Space Science
Input/output Buffer	Space Science