Company Information

Get to know Indian Overseas Bank

Founded in 1937 and nationalized in 1969, Indian Overseas Bank (IOB) is a prominent public sector bank owned by the Government of India. With a mission to provide efficient and customer-centric banking services, IOB offers a comprehensive suite of products including retail banking, corporate banking, agricultural loans, and treasury operations. The bank has a significant presence across India and operates several overseas branches, catering to both domestic and international customers.

Industry

Financial BankingPRIMARY
Financial Other Service

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Indian Overseas Bank

India

Founded in

10 Feb 1937 (89 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.