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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 20924 dedicated staff as on 31.03.2017
. Total Business crossed Rs.3,14,654 Crores as on 31.03.2017
. Operating Profit: Rs.4000.71 Crores as on 31.03.2017
. Net Profit:Rs.1,405.68 Crores as on 31.03.2017
. Core Banking Solution(CBS) in all 2682 branches as on 31.03.2017
. Information Systems & Security processes certified with ISO27001:2013 standard and is amongst very few Banks certified worldwide
   
International Presence
. Overseas branches in Singapore , Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna
. 227 Overseas Correspondent banks in 75 countries
   
Diversified banking activities - 2 Subsidiary companies
. Indbank Merchant Banking Services Ltd
. IndBank Housing Ltd.
. Indian Bank Mutual Fund
 
A front runner in specialised banking
. 95 Forex Authorised branches inclusive of 2 Specialised Overseas Branch at Chennai and Bangalore exclusively for handling forex transactions arising out of Export, Import, Remittances and Non Resident Indian business
. 73 Special SME Branches extending finance exclusively to SSI units
.
. MOU entered with National small Industries corporation(NSIC) to focus on MSME segment. Specialised verticals MSME and Mid corporate segment is Operationalised.
 
Leadership in Rural Development
. Under Financial Inclusion Plan, Indian Bank has been allotted with 1692 villages with population above 2000 and 4210 villages with population below 2000. Villages have been mapped as SSAs and realloted to Banks. Our Bank is allotted with 2975 SSAs across the country. Of these 2517 SSAs are covered through Smart card based Business Correspondent(BC)
. 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 45 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
. 3358 Automated Teller Machines(ATM) as on 31.03.2017
. 24 x 7 Service through more than 2,36,385 ATMs under shared network
. 542 Bunch Note Acceptors(BNAs) installed and branch transaction migrated is 40.46%
. 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 Prepaid Cards Launched (GIFT Card, International Travel Card)
. Aadhar Enabled Payment System(AEPS) through Business correspondents.
. Rupay Debit Card payments enabled through Business correspondents.
. Customised design image card and Green pin for debit cards.
. Green pin for debit cards and introduction of Rupay Platinum card.
. Launching of new products like statement of account through e-mail and M-Passbook facility is introduced to view the latest 50 transactions.
. Indian Bank has entered into a strategic tie-up with LIC of India for sale of third party insurance products.
   
  RTGS & NEFT REMITTANCE FACILITIES NOW AVAILABLE AT ALL CBS BRANCHES
   
Strategic alliance with LIC of India
  Indian Bank has entered into a strategic tie-up with LIC of India. Click for details.

 

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