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Indian Bank
Indian Bank

About Indian Bank

Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. It has 20,140 employees, 2565 branches and is one of the top performing public sector banks in India. It has overseas branches in Colombo and Jaffna in Sri Lanka, and in Singapore, and 223 correspondent banks in 71 countries. Since 1969 the Government of India has owned the bank.

"A premier Public Sector, Government of India Undertaking

• Established on 15th August 1907 as part of the Swadeshi movement

• Serving the nation with a team of over 20140 dedicated staff as on 31.03.2016

• Total Business crossed Rs.3,10,918 Crores as on 31.03.2016

• Operating Profit : Rs. 3,032.09 Crores as on 31.03.2016

• Net Profit : Rs.711.38 Crores as on 31.03.2016

• Core Banking Solution(CBS) in all 2565 branches as on 31.03.2016

• Return on Assets (RoA) at 0.36 per cent for FY 2015-16

• Information Systems & Security processes certified with ISO27001:2013 standard and is amongst very few Banks certified worldwide.

A pioneer in introducing the latest technology in Banking

• 100% Core Banking Solution(CBS) Branches

• 100% Business Computerisation

• 2784 Automated Teller Machines(ATM) as on 31.03.2016

• 24 x 7 Service through more than 2,20,912 ATMs under shared network

• 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)"

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