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Wedding Loan from Indian Overseas Bank in Ghaziabad

Ghaziabad is a large and developing city in the Indian state of Uttar Pradesh. This city comes under the National Capital Region (NCR). Ghaziabad is often referred to as the Gateway to the state of Uttar Pradesh because of its proximity to New Delhi. This fast-growing city has a population of more than 2 million. The city was founded in 1740 by Wazir Ghazi-ud-din. He named it ?Ghaziuddinnagar? after himself. A large area in Ghaziabad, especially the banks of the Hindon river, used to be a picnic spot for the royal family during the Mughal period. The city has two divisions that are separated by the Hindon River: the Trans-Hindon region on the west and the Cis-Hindon region on the east. It has turned into a major industrial and commercial hub of western Uttar Pradesh. The industrial growth in Ghaziabad took off soon after independence when a number of steel manufacturing units opened in the area. Electronics industry followed and a lot more major industrial houses set up their manufacturing units in Ghaziabad.

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Low interest rate Wedding Loan in Ghaziabad, 26 January 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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