The Hindu Business Line : 2nd IOB ATM in Vizag

VISAKHAPATNAM: The Indian Overseas Bank set up its second ATM in the city on Friday. It was inaugurated by Mr D. Srinivasulu, Vice-Chairman of the Visakhapatnam Urban Development Authority, at the VUDA complex.

Mr A.J. Prasad, Senior Regional Manager, said the two ATMs in the city were connected to all the major centres in the country. The bank had set up 204 ATMs across the country.

With 31 branches and eight extension counters, the Vizag region was doing business of Rs 990 crore and it would soon cross the Rs 1,000-crore mark, he said. He said the region had been accorded star status.

Vice-Admiral P.S. Bansal, Chief of the Eastern Naval Command, was the chief guest at the function.

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