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IOB eyes Rs.2.5 lakh crore business

Posted by on February 6, 2011 0 Comment

Raghunathganj (West Bengal), Feb 6 (IANS) The Indian Overseas Bank hopes to increase its business volume to Rs.2.50 lakh crore by March 2011.

“We are targeting Rs.2.50 lakh crore business by March. Now, it stands at Rs.2.25 lakh crore,” bank chairman and managing director N. Narendra said here in Murshidabad district Saturday evening.

“The bank’s business in West Bengal stands at Rs.12,000 crore,” he said.

The bank, which has 220 branches across India, will soon add six branches and 432 ATMs in the state.

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