From Bharatpedia, an open encyclopedia
Bharat Overseas Bank (BOB) was a private bank based in Chennai, India. In 2007, it merged with Indian Overseas Bank, which took over all the bank's employees, assets, and deposits.
BOB was established in 1973, in order to takeover for the Bangkok branch of the Indian Overseas Bank. It was one of the few private banks that the Reserve Bank of India permitted to have a branch outside India, and was the only bank representing India in Thailand. It was owned by seven banks (initial ownership figures in parentheses): Indian Overseas Bank (30%), Bank of Rajasthan (16%), Vysya Bank (14.66%), Karur Vysya Bank (10%), Federal Bank (19.67%), South Indian Bank (10%), and Karnataka Bank (8.67%), but in 2007 Indian Overseas Bank fully acquired the bank.[1][2]
References[edit]
External links[edit]
Now this bank is merged with Indian Overseas Bank.
All employees, deposits and advances are now of Indian Overseas Bank and no other website should be used.
Further reading[edit]
 Dear reader, We kindly request your support in maintaining the independence of Bharatpedia. As a non-profit organization, we rely heavily on small donations to sustain our operations and provide free access to reliable information to the world. We would greatly appreciate it if you could take a moment to consider donating to our cause, as it would greatly aid us in our mission. Your contribution would demonstrate the importance of reliable and trustworthy knowledge to you and the world. Thank you.
Please select an option below or scan the QR code to donate
₹150
₹500
₹1,000
₹2,000
₹5,000
₹10,000
Other
|
.svg)
