INDIAN OVERSEAS BANK - Change in Directors - Inclusion

Indian Overseas Bank has informed BSE that The Government of India, vide its notification dated March 13, 2014 and in exercise of the powers conferred by clause (c) of sub-section (3) of section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause(1) of clause 3 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri Nirmal Chand, as RBI Nominee Director on the Board of Directors of the Bank with effect from March 13, 2014 and until further orders.