Market

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 19000 dedicated staff |

• | Total Business crossed Rs.1,74,934 Crores as on 31.12.2010 |

• | Operating Profit increased to Rs. 2747.35 Crores as on 31.03.2010 |

• | Net Profit increased to Rs.1554.99 Crores as on 31.03.2010 |

• | Core Banking Solution(CBS) in all 1819 branches |

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International Presence |

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

• | 240 Overseas Correspondent banks in 70 countries |

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Diversified banking activities - 3 Subsidiary companies |

• | Indbank Merchant Banking Services Ltd |

• | IndBank Housing Ltd. |

• | IndFund Management Ltd |

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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 |

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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...