Q. Which bank was founded by Muttiah Chidambaram Chettiar in Chennai in 1937?
Answer: Indian Overseas Bank
Notes: In 1937, Thiru.M. CT M. Chidambaram Chettiar set up the Indian Overseas Bank (IOB) to encourage overseas banking and foreign exchange operations. IOB started in three branches simultaneously, one each in Karaikudi, Madras and Rangoon (Yangon). The bank served the Nattukottai Chettiars, a merchant class.

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