The Constitution of the Board of the Bank is governed by The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Ac, t 1970.
The Composition ofthe Board of Directors of a Bank is governed by The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970 read with The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006 and amendment to the vide Extraordinary Gazette Notification dated 19.02.2007 of the Central Government.
In terms of The Banking Companies (Acquisition and Transfer of Undertakings Act 1970, the General Superintendence, Direction and Management of the affairs and business of the Bank vests in the Board of Directors which is entitledto exercise all such powers and do all such acts and things as the Bank is authorized to exercise and do.
Indian Overseas Bank
763 , Anna Salai
Advt No. : HRDD/RECT/ 02/2011
Recruitment Of 1100 Clerical Staff
Indian Overseas Bank invites applications from Indian Citizens for the post of Clerk
1. Clerical Staff : 1100 Posts
Pay Scale : Rs. 7200- 19300/-
Qualification : (a) A Pass with 65% marks(60% for SC/ST/PC/Ex-Servicemen) in HSC of 10 + 2(10+2+3) pattern or Intermediate / Pre-University or any equivalent examination recognized by Central / State Government or U.T. Administration. OR (b) A pass with 60% marks Diploma in Banking (55% for SC/ST/PC/Ex-Servicemen) recognized by Central / State Government or U.T. Administration. OR(c) A degree with a minimum of 50% of marks (45% for SC/ST/PC/Ex-Servicemen) in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Govt.
Statewise Posts :
Andhra Pradesh 90
Himachal Pradesh 03
Jammu Kashmir 03
Madhya Pradesh 65
Tamil Nadu 110
Uttar Pradesh 100
West Bengal 55
Age Limit : Minimum: 18 Years, Maximum: 28 Years as on 01.01.2011 (Relaxable as per rules)
Closing Date for Online Registration : 25.03.2011
Payment of Application Fee/ Postage 04.03.2011 to 25.03.2011
Tentative Date of Written Examination 29.5.2011(Sunday)
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