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Wedding Loan from Indian Overseas Bank in Bellary

The city of Bellary in the Indian state of Karnataka is also known as the corporation city. It has several other names such as Kuntala Desha, Sindavadi-Nadu and Nolambavadi-Nadu. It is a very well-known mining town. Various dynasties like the Chalukyas, the Vijanagara Empire, the Marathas, the Nizams, the Sultans, etc. have ruled over this city for years. Bellary is divided into 35 wards in order to ensure effective governance and administration, which is managed by elected representatives. The main source of the citys economy is from the industries like mining and agriculture. The city houses various industries like steel, textiles, garments and rice mills. Bellary attracts tourists in between October and December from India and abroad. The city is known for its majestic forts, serene hills, verdant parks, gardens and green spaces. Popular tourist spots in Bellary include the Bellari fort, The Ballari and Kumbara Rock Hills, Bellary Zoo, Kuntegadda Park, Kaategudda Park, Nagaruru Narayanarao Park, etc. The city has a multi-lingual community. While Kannada is the official language, Telugu is the most widely used language in this city. Moreover, Dakhini and Hindi are also spoken by many. There are several minority speakers of Gujarati, Rajasthani, Punjabi, Urdu, Tamil, Malayalam, Marathi, Marwari, Nepali, Odia, Bihari, and Manipuri.

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Low interest rate Wedding Loan in Bellary, 15 August 2020 from Indian Overseas Bank

In 2000, Indian Overseas Bank engaged in an initial public offering (IPO) that brought the governments share in the banks equity down to 75%. In 2001, the IOB acquired the Mumbai-based Adarsha Janata Sahakari Bank. Then in 2009, the bank took over Shree Suvarna Sahakari Bank, which was founded in 1969 and had its head office in Pune. Since 2006, Shree Suvarna Sahakari Bank had been in administration. It had nine offices in Pune, 2 in Mumbai and 1 in Shirpur. The total strength of employees was estimated to be more than 100. On 29 August 2003, the Indian Overseas Bank has opened an extension counter at New Kathiresan Temple complex, Bambalapitiya, Ceylon. The IOB opened a representative office in Guangzhou, China in 2005 followed which the bank opened another representative office in Kuala Lumpur and 2009 in Dubai, UAE. In the new millennium, international expansion started once again. The bank took over Bharat Overseas Bank in 2007. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by BOB, IOB, and the Andhra Bank. The new bank named, India International Bank ( IIB Malaysia), began its business in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank holds a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has opened an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch.

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