Kolkata: Indian Overseas Bank (IOB), one of India’s leading public sector banks, today launched its new branch in Kolkata, West Bengal. With this, the Bank’s network stands at 3550 branches across the country.
The new branch, located at Mani Casadona, Ground Floor, Action Area II, New Town, Kolkata, was formally inaugurated by Shri. Ajay Kumar Srivastava, MD & CEO, Indian Overseas Bank.
New Town is one of Kolkata’s fast-growing business and residential districts, and the new branch is well placed to serve its expanding community of professionals, entrepreneurs, small businesses, and families. The branch will offer the Bank’s full range of deposit, loan, and remittance products, backed by IOB’s digital banking services, enabling faster and more convenient banking for customers across the area.
Speaking about the occasion, the Shri Ajay Kumar Srivastava, MD & CEO of Indian Overseas Bank, said, “Indian Overseas Bank has always believed that a bank grows by growing with the communities it serves. The opening of our new branch in New Town, Kolkata, is a reflection of that belief and of our long-standing commitment to West Bengal. With 160 branches across the state, we are bringing accessible, trustworthy, and technology-enabled banking closer to families, small businesses, and entrepreneurs, and we look forward to being their partner in progress.”
IOB’s presence in West Bengal, where the Bank’s network spans 160 branches. With a sharper local presence, the Bank is better positioned to serve small business owners, MSMEs, and households, extending straightforward credit solutions and easy-to-use digital banking tools to those who need them most. The move underscores IOB’s broader commitment to driving financial inclusion across West Bengal, ensuring that essential banking services reach every neighbourhood within its growing network.
