2023 2024 EduVark > Education Discussion > Banks Related


  #2  
October 30th, 2017, 09:32 AM
Super Moderator
 
Join Date: Mar 2012
Re: Subsidiaries Of Indian Bank

Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India.

It has overseas branches in Colombo and Jaffna in Sri Lanka, and in Singapore, and 223 correspondent banks in 71 countries.

Indian Bank Subsidiaries

Diversified banking activities -2 Subsidiary companies-

Indbank Merchant Banking Services Ltd

IndBank Housing Ltd.

International Presence-

Overseas branches in Singapore , Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna

227 Overseas Correspondent banks in 75 countries

A front runner in specialised banking-

95 Forex Authorised branches inclusive of a Specialised Overseas Branch at Chennai exclusively for handling forex transactions arising out of Export, Import, Remittances and Non Resident Indian business

73 Special SME Branches extending finance exclusively to SSI units

MoU entered with National Small Industries Corporation (NSIC) to focus on MSME Segment . Specialised verticals for MSME and Mid corporate segment is operationalised. IND MSME and Mid corporate branches are opened.

Contact-

Corporate Office - Postal Address

Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Corporate Office - Phone Number
044 28134300


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