A premier bank
owned by the Government of India
- Established on 15th August 1907 as part of the Swadeshi
movement
- Serving the nation with a team of over 22000 dedicated staff
- Total Business crossed Rs.101274 Crores as on 31.03.2008
- Operating Profit increased to Rs. 1659.30 Crores as on
31.03.2008
- Net Profit increased to Rs.1008.74 Crores as on 31.03.2008
- Net worth improved to Rs.4703.35 Crores as on 31.03.2008
- 1557 Branches spread all
over India
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International Presence
- Overseas branches in
Singapore and Colombo
including a Foreign Currency Banking Unit at Colombo
- 240 Overseas Correspondent banks in 70 countries
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| Diversified banking
activities - 3 Subsidiary companies
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A front runner
in specialised banking
- 90 Forex Authorised branches inclusive of 1 Specialised Overseas
Branch at Chennai exclusively
for handling forex transactions arising out of Export, Import,
Remittances and Non Resident Indian business
- 1 Small Scale Industries Branch extending finance exclusively
to SSI units
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Leadership
in Rural Development
- Pioneer in introducing Self Help Groups and Financial Inclusion Project in the country
- Award winner for Excellence in Agricultural Lending from Honourable Union Minister for Finance
- Best Performer Award for Micro-Finance activities in Tamil Nadu and Union Territory of Puducherry from NABARD
- Established 7 specialized exclusive Microfinance branches called "Microsate" across the country to cater the needs of Urban poor through SHG (Self Help Group)/JLG (Joint Liability Group) concepts
- A special window for Micro finance viz., Micro Credit Kendras are functioning in 44 Rural/Semi Urban branches
- Harnessing ICT (Information and Communication Technology) for Rural Development and Inclusive Banking
- Provision of technical assistance and project reports in Agriculture
to entrepreneurs through Agricultural Consultancy & Technical
Services (ACTS)
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A
pioneer in introducing the latest technology in Banking
- 100% Business Computerisation
- 168 Centres throughout the country covered under 'Anywhere Banking'
- Core Banking Solution(CBS) in 1557
branches and 66 extension counters.
- 618 connected Automated Teller Machines(ATM)
in 225 cities/towns
- 24 x 7 Service through 32000 ATMs under shared network
- Internet and Tele Banking services to all Core Banking customers
- e-payment facility for Corporate customers
- Cash Management Services
- Depository Services
- Reuter Screen, Telerate, Reuter Monitors, Dealing System provided
at Overseas Branch, Chennai
- I B Credit Card Launched
- I B Gold Coin
RTGS & NEFT REMITTANCE FACILITIES NOW AVAILABLE AT ALL CBS BRANCHES
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Strategic alliance with HDFC
Standard Life Insurance Company
Indian Bank has entered into a strategic tie-up with HDFC Standard
Life Insurance Company Ltd. Click for details.
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