gucci handbags
bikini 2011
Home > Banking >

Indian Bank

Indian Bank

The Indian Bank was established on 15th of August, 1907 as part of the Swadeshi Movement. The bank is carrying out diversified banking activities under three subsidiary companies- Indbank Merchant Banking Services Ltd., Indbank Housing Ltd., IndFund Management Ltd. The bank is a leader in specialized banking in - 90 Forex authorized branches inclusive of 1 Specialized Overseas Branch at Chennai exclusively for handling forex transactions arising out of Export, Import, Remittances and Non Resident Indian business and 1 Small Scale Industries Branch extending finance exclusively to SSI units.

The total business crossed Rs. 101274 crores as on 31st March, 2008, with an increase in the operating profit to Rs. 1659.30 crores, the net profit increased to Rs.1008.74 crores. The Indian Bank has a wide network of 1546 branches all over India and has introduced Core banking solutions in all the branches and 66 extension counters. It has over 680 ATMs in 225 cities and towns of India. The bank, along with domestic presence, is also having international presence with its branches set up in Singapore and Colombo. The head office is located at Chennai, Tamil Nadu. The bank has an employee strength of over 22,000 people.

Products:
  • Credit Cards
  • Auto Loans
  • Personal Loans
  • Fixed Deposits
  • Current Account
  • NRI Services
  • Gift Cheque