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Established on 15th August 1907 as part of the Swadeshi movement |
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Serving the nation with a team of over 19000 dedicated staff |
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Total Business crossed Rs.1,67,980 Crores as on 30.09.2010 |
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Operating Profit increased to Rs.2747.35 Crores as on 31.03.2010 |
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Net Profit increased to Rs.1554.99 Crores as on 31.03.2010 |
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Core Banking Solutions (CBS) in all 1801 + Branches |
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Overseas branches in Singapore and Colombo including a Foreign Currency Banking Unit at Colombo |
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240 Overseas Correspondent banks in 70 countries |
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IndBank Housing Ltd. |
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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 |
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62 Special SME Branches extending finance exclusively to SSI units |
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Pioneer in introducing Self Help Groups and Financial Inclusion Project in the country |
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Award winner for Excellence in Agricultural Lending from Honourable Union Minister for Finance |
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Best Performer Award for Micro-Finance activities in Tamil Nadu and Union Territory of Puducherry from NABARD |
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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 |
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A special window for Micro finance viz., Micro Credit Kendras are functioning in 44 Rural/Semi Urban branches |
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Harnessing ICT (Information and Communication Technology) for Rural Development and Inclusive Banking |
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Provision of technical assistance and project reports in Agriculture to entrepreneurs through Agricultural Consultancy & Technical Services (ACTS) |
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100% Core Banking Solutions (CBS) Branches |
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100% Business Computerised |
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24 x 7 Service through 57000 ATMs under shared network |
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Internet and Tele Banking services to all Core Banking customers |
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e-payment facility for Corporate customers |
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Cash Management Services |
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Depository Services |
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Reuter Screen, Telerate, Reuter Monitors, Dealing System provided at Overseas Branch, Chennai |
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IB Credit Card Launched |
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IB Gold Coin |
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Indian Bank has entered into a strategic tie-up with HDFC Standard Life Insurance Company Ltd. |
