Mangalore : The New branch of Indian Overseas Bank branch was inaugurated at Rameshwara Arcade, Urwastore, Kottara on July 12, Friday.

Speaking after inaugurating the event, ZP CEO Dr K N Vijayaprakash said that the Banks must also give service to the people along with involving completely in business.

M Narendra, Chairman and Managing Director of IOB said that more branches will be inaugurated in Karnataka.

He said that at present there are 57 branches in six districts.  A total of 11,000 staffs are working in IOB and will soon appoint 4000 youths for the job. The bank gives importance to women, hence it has appointed over 7,000 women staffs.

Today banking sector is more in demand compared the IT sector, hence more number of youths are opt for the banking sector, he said.

Regional Manager Sudhakaran and others were present.