Monday, April 5, 2010

Indian Bank

Brief about Indian Bank

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.1,24,413 Crores as on 31.03.2009
• Operating Profit increased to Rs. 2228.83 Crores as on 31.03.2009
• Net Profit increased to Rs.1245.32 Crores as on 31.03.2009
• Core Banking Solution(CBS) in all 1750 branches







International Presence
• Overseas branches in Singapore and Colombo including a Foreign Currency Banking Unit at Colombo
• 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
• 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

To know more about branches of Indian Bank in Hyderabad,Do visit: http://www.crazyhyderabad.com/indian-overseas-bank.html

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