Chennai: Indian Overseas Bank Chennai-1 Region organized a loan distribution event for Street Vendors on September 20, 2023. The event was graced by the presence of the Honourable Additional Commissioner (Revenue & Finance), Greater Chennai Corporation, Ms. R. Lalitha IAS, who attended as the chief guest. Mr. Sukumar Chittibabu, City Revenue Officer of Greater Chennai Corporation, also joined the gathering as a special guest.

Mr. Davender Kumar, Chief Regional Manager of Indian Overseas Bank, Chennai-1 Region, and Mr. Varun Deepak R, Lead District Manager of IOB Chennai District, presided over the event. During the ceremony, a total of Rs 55 lakhs and 90 thousand worth of loans were disbursed to deserving street vendors, with 306 businesses benefiting from this initiative.

Mr. Bhanuchander, Additional Revenue Officer, and Mr. Natarajan, assistant revenue officer of Greater Chennai Corporation, extended their support during the event, further strengthening the bank’s commitment to fostering local businesses.

Indian Overseas Bank remains dedicated to empowering street vendors and contributing to the growth of the community.

Rahul Mehra

Rahul has been an integral part of the Hello Entrepreneurs magazine journey since its inception. As a key contributor, he has played a pivotal role in shaping HE into a premier business magazine known for its diverse and compelling content. Rahul's dedication and expertise have been instrumental in curating a wide range of subjects, ensuring that HE remains a go-to resource for entrepreneurs seeking valuable insights and inspiration. His unwavering commitment to excellence has helped establish HE as a trusted platform for thought-provoking articles, interviews, and features, significantly impacting the entrepreneurial community.

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