Asian Journal of Multidimensional Research (AJMR)
  • Year: 2012
  • Volume: 1
  • Issue: 5

“Indian overseas bank-an analysis of the financial position”

  • Author:
  • S. Benon, M. Suresh, J. Arunkumar
  • Total Page Count: 20
  • Page Number: 35 to 54

PSG College of Technology, Coimbatore, India

Online published on 11 July, 2017.

Abstract

Indian Overseas Bank provides customer and commercial Banking services extending their aims to obtain a radical change that can cause reinforcement in economy. It inculcates in every one to buy or sell or transfer money conferring to diverse facts and figures. The overseas Bank ensures a good way of tackling the intensification evolving currency. Imagining the world without paper notes adds more simplicity in conduct adhered to it that makes it lucid for people round the corner with good user interface and other amenities such that it can outfit them in a first-rate craze. This paper deals with the key financial factor, the growth rate of IOB, comparison of total deposits and advances with All Scheduled Commercial Banks and the corresponding profitability ratios.

Keywords

Profitability, Total deposits and advances, Credit deposit ratio, Investment deposit ratio and Growth Analysis