by NR INDRAN / INT

Bank of Baroda, Indian Overseas Bank and Andhra Bank announced the inauguration of a Joint Venture Bank in Malaysia – “India International Bank (Malaysia) Berhad.”

The Bank set up by the -3- leading Public Sector Banks of India has been issued final license for commencement of operations by Bank Negara Malaysia.  The Bank was inaugurated by Hon’ble Union Minister of State for Finance, Shri Namo Narain Meena in the presence of YB Dato’ Donald Lim Siang Chai, Deputy Minister of Finance, Malaysia.

The first branch of India International Bank is being opened at Kuala Lumpur.  It is a full service branch equipped with Core Banking Solution to cater to the banking requirements of the ethnic Indian, local population and Corporate in the country

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