I browsed through the history of IOB and am struck by the vision and ambition of late M. Ct. M. Chidambaram Chettyar who founded this bank way back in 1937 to provide foreign exchange facilities for Indian traders in South-East Asia.
That as a young man of barely 30, MCt, as he came to be known, chose to start a bank, and that too one specializing in external trade at a time when banking was in a turmoil following the Great Depression, is a tribute to his youthful enthusiasm, global outlook and remarkable foresight.