Public sector lender Indian Overseas Bank has set a target of achieving 22% growth in its loan book this fiscal. The bank has laid prime impetus towards its lending to agriculture as well as SME segments.

August has been selected by the bank as the 'Kisan Month'. It has marked this month by making considerable lending to the agriculture sector.

So far loans worth Rs 300 crore have been disbursed to farm sector.

According to CMD of the bank, Mr M Narendra, the bank is celebrating platinum jubilee this year and thus is keen on many CSR drives.