IloveIndia

IloveIndia

Here is a brief profile of Bharat Overseas Bank Ltd

Bharat Overseas Bank

Bharat Overseas Bank is a Chennai-based Indian private sector bank. Bharat Overseas Bank was established in 1973 to take over from Indian Overseas Bank's Bangkok branch, in Thailand. It is the only private bank permitted by the Reserve Bank of India to have a branch outside India.

Bharat Overseas Bank is owned by 7 banks and the shareholding pattern of Bharat Overseas Bank is as follows:

Name of the Bank Share (In Percentage)
Indian Overseas Bank 30
The Bank of Rajasthan Ltd. 16
The Vysya Bank Ltd. 14.66
The Federal Bank Ltd. 10.67
The Karur Vysya Bank Ltd. 10
The South Indian Bank Ltd. 10
Karnataka Bank Ltd. 8.67

Bharat Overseas Bank Ltd., has a nation-wide branch network. The banks offers a variety of innovative schemes and has created a name for itself for being a "Customer's Bank".

Head Office
Habeeb Towers, P.B.No.5205,
196 (Old no.756) Anna Salai,
Chennai - 600 002.
URL: www.bharatoverseasbank.com