Assam: Indian Overseas Bank (IOB), a government-owned public sector commercial bank headquartered in Chennai, has contributed ₹50 lakh to the Assam Chief Minister’s Relief Fund under its Corporate Social Responsibility (CSR) initiative.
The contribution is aimed at supporting flood relief and rehabilitation efforts in Assam and strengthening the state government’s ongoing measures for affected communities.
A delegation from IOB’s Guwahati Regional Office presented the contribution to Assam Chief Minister Dr Himanta Biswa Sarma.
The delegation included:
- Rajiv Kumar, Chief Regional Manager
- Anurag Singh Kshatriya, Assistant General Manager
- Pushkar Singh, Chief Manager
IOB Supports Assam’s Flood Relief Efforts
Commenting on the bank’s contribution, Ajay Kumar Srivastava, Managing Director and CEO of Indian Overseas Bank, said the bank stands in solidarity with the people of Assam during the difficult period.
He said the contribution to the Chief Minister’s Relief Fund is intended to strengthen the state government’s ongoing relief and rehabilitation efforts in flood-affected districts.
Srivastava also said that IOB remains ready to assist its customers in the affected districts.
The contribution reflects IOB’s continued commitment to supporting communities during times of crisis.
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IOB’s CSR Initiative Strengthens Community Support
The ₹50 lakh contribution forms part of IOB’s CSR efforts to support communities during challenging situations.
The bank’s assistance will contribute to the relief and rehabilitation measures being undertaken by the Assam government for people affected by flooding.
Indian Overseas Bank’s History and Network
Indian Overseas Bank was founded on February 10, 1937, by M.Ct.M. Chidambaram Chettyar. In 1969, the bank was among the 14 major banks nationalised by the Government of India.
Today, IOB has a strong domestic and international presence.
- 3,522 branches across India
- Around 3,691 ATMs
- More than 46 million active customers
- International presence in Singapore, Hong Kong, Thailand and Sri Lanka
IOB Reports ₹1,659 Crore Net Profit in Q1 FY27
For the quarter ended June 30, 2026, Indian Overseas Bank reported an operating profit of ₹2,693 crore.
The bank’s net profit stood at ₹1,659 crore for the quarter.
About Indian Overseas Bank
Indian Overseas Bank is a Chennai-headquartered public sector commercial bank offering banking and financial services across India and select international markets. Founded in 1937, the bank has built a wide branch and ATM network and serves more than 46 million active customers.
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