IOB opens extension counter

VIJAYAWADA, AUG. 21 . An extension counter of the Indian Overseas Bank was inaugurated by Chemiloids Group Chairman, G. Ganga Raju, at Kakarparti Bhavan Narayana College here on Saturday.

The Chief Regional Manager, T. Venkata Reddy, said this was the second such counter in the State. It had Rs. 92.81 crores in deposits and had disbursed Rs. 124.5 crores in advances, he said.