Chennai Feb. 12 IOB launches two products Indian Overseas Bank today announced the launch of two products an online broking facility for the bank's customers and a foreign currency pre-paid travel card for overseas travellers.
`IOB Insta Invest' is offered in collaboration with Man Financial-Sify Securities India Pvt Ltd, (which is a 70:30 stock and commodity broking joint venture of the UK-based Man Financial and Sify Securities).
IOB will provide the payment gateway and the partner will provide the trading platform. The bank's customers would be able to access Man Financial-Sify portal for instructions to buy or sell shares and have their bank accounts credited or debited accordingly.
At a press conference held here to announce the launch of the products, IOBChairman and Managing Director, Mr T.S. Narayanasami, said that the merger of Bharat Overseas Bank with IOB was imminent.
`IOB Insta Invest' is offered in collaboration with Man Financial-Sify Securities India Pvt Ltd, (which is a 70:30 stock and commodity broking joint venture of the UK-based Man Financial and Sify Securities).
IOB will provide the payment gateway and the partner will provide the trading platform. The bank's customers would be able to access Man Financial-Sify portal for instructions to buy or sell shares and have their bank accounts credited or debited accordingly.
At a press conference held here to announce the launch of the products, IOBChairman and Managing Director, Mr T.S. Narayanasami, said that the merger of Bharat Overseas Bank with IOB was imminent.
thanks in advance