https://indianpedia.org/index.php?action=history&feed=atom&title=Bharat_Overseas_BankBharat Overseas Bank - Revision history2026-07-31T16:06:42ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Bharat_Overseas_Bank&diff=188594&oldid=prev>BrownHairedGirl at 08:56, 19 April 20212021-04-19T08:56:28Z<p></p>
<p><b>New page</b></p><div>{{Use dmy dates|date=May 2020}}<br />
{{Use Indian English|date=April 2020}}<br />
'''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.<br />
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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.<ref>{{cite news|title=Banks: Consolidation the buzzword|date=2004-12-25|publisher=Rediff.com|work=Equitymaster|url=http://www.rediff.com/money/2004/dec/25banks.htm}}</ref><ref>{{cite news|title=IOB, Bharat Overseas to merge|url=http://articles.economictimes.indiatimes.com/2005-12-26/news/27512240_1_bhob-bharat-overseas-bank-iob|access-date=20 December 2013|newspaper=The Economic Times|date=26 December 2005}}</ref><br />
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==References==<br />
<references /><br />
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==External links==<br />
* [http://www.iob.in Indian Overseas Bank Official Website]<br />
Now this bank is merged with Indian Overseas Bank.<br />
All employees, deposits and advances are now of Indian Overseas Bank and no other website should be used.<br />
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== Further reading ==<br />
* {{cite news|title=Bharat Overseas Bank to raise Rs 100 cr through IPO in October|author=Our Bureau|location=Mumbai|date=2005-07-19|work=[[The Hindu]] Business Line|url=http://www.thehindubusinessline.com/2005/07/20/stories/2005072002550600.htm}}<br />
* {{cite news|title=Bharat Overseas IPO plan flounders|date=2005-11-17|work=Moneycontrol|url=http://ipo.moneycontrol.com/india/newsarticle/stocksnews.php?autono=189860|archive-url=https://archive.today/20080518043704/http://ipo.moneycontrol.com/india/newsarticle/stocksnews.php?autono=189860|url-status=dead|archive-date=2008-05-18}}<br />
* {{cite news|title=IOB, Bharat Overseas to merge|work=The Economic Times|date=2005-12-26|url=http://economictimes.indiatimes.com/articleshow/1345697.cms|publisher=Times Internet Limited}}<br />
* {{cite news|title=IOB set to take over Bharat Overseas Bank|author=BS Banking Bureau|location=Mumbai|date=2006-01-28|publisher=Rediff.com India Limited|work=Business Standard|url=http://www.rediff.com/money/2006/jan/28iob.htm}}<br />
* {{cite news|title=IOB retrieves Bangkok branch of Bharat Overseas Bank|author=The Hindu|location=Chennai|date=2006-03-11|publisher=Thaindian.com|work=Business Standard|url=http://www.thaindian.com/news-snippet/iob-retrieves-bangkok-branch-of-bharat-overseas-bank.html|access-date=2 March 2010|archive-url=https://web.archive.org/web/20090225171220/http://www.thaindian.com/news-snippet/iob-retrieves-bangkok-branch-of-bharat-overseas-bank.html|archive-date=25 February 2009|url-status=dead}}<br />
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{{Banking in India}}<br />
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[[Category:Banks established in 1973]]<br />
[[Category:Defunct banks of India]]<br />
[[Category:Financial services companies based in Chennai]]<br />
[[Category:Banks disestablished in 2007]]<br />
[[Category:1973 establishments in Tamil Nadu]]<br />
[[Category:Indian companies established in 1973]]<br />
[[Category:Indian companies disestablished in 2007]]<br />
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