The Indian Overseas Bank platinum jubilee was celebrated with great zeal and enthusiasm here on Thursday.

The bank distributed to beneficiaries six SHG loans amounting to Rs. 26 lakh and SC corporation loan of Rs. 50 lakh ( CGTFSI schemes) and ST corporation loan of Rs. 1.20 lakh and Land development loan of Rs. 4.00 lakh.

IOB Branch Senior Manager K. Balasubramanian highlighted the bank's performance as also deposit and credit schemes and para banking products.

Lead District Manager P. Mohan Reddy applauded IOB's performance in Prakasam district and wished to have more growth in the future.

NABARD Assistant General Manager M.P. Naresh Kumar highlighted subsidy-linked schemes.