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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 18782 dedicated staff
. Total Business crossed Rs.2,11,988 Crores as on 31.03.2012
. Operating Profit increased to Rs. 3,463.17 Crores as on 31.03.2012
. Net Profit increased to Rs.1746.97 Crores as on 31.03.2012
. Core Banking Solution(CBS) in all 1956 branches
   
International Presence
. Overseas branches in Singapore , Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna
. 240 Overseas Correspondent banks in 70 countries
   
Diversified banking activities - 3 Subsidiary companies
. Indbank Merchant Banking Services Ltd
. IndBank Housing Ltd.
. IndFund Management Ltd
 
A front runner in specialised banking
. 97 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
. 62 Special SME Branches extending finance exclusively to SSI units
 
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)
   
A pioneer in introducing the latest technology in Banking
. 100% Core Banking Solution(CBS) Branches
. 100% Business Computerisation
. 1287 Automated Teller Machines(ATM)
. 24 x 7 Service through more than 99242 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
   
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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