Indian overseas bank forex services
Under Financial Bank Plan, Bank has been allotted with villages with population bank and villages with population below Villages have been mapped as SSAs and realloted indian Banks. Our bank is allotted with SSAs services the country. Overseas these SSAs are covered through Smart card based Business Correspondent BC Model and SSAs through branches. A premier Public Sector, Government of India Undertaking. Serving the nation with a team of over dedicated staff as on Overseas branches in Singapore forex, Colombo including a Foreign Services Banking Unit at Colombo and Jaffna. Diversified banking activities -2 Subsidiary companies. Indbank Merchant Banking Services Ltd. Indian Bank Mutual Fund. A front runner in specialised banking. MoU entered with National Small Industries Corporation NSIC to focus on MSME Segment. Specialised verticals for MSME and Mid corporate segment is operationalised. Indian MSME and Mid corporate branches are opened. Leadership in Forex Development. Indian Performer Award for Micro-Finance activities in Tamil Nadu and Union Territory of Puducherry from NABARD. A special window for Micro finance viz. Harnessing ICT Information and Communication Technology forex Rural Development and Inclusive Banking. A pioneer in introducing the latest technology in Banking. I B Prepaid Cards Launched GIFT Card, International Bank Card. Launching of new products like statement of account through e-mail overseas M-Passbook facility is introduced to view the latest 50 transactions. Indian Bank has entered into a strategic tie-up with LIC of India for sale of third party insurance products. Strategic alliance with LIC of Overseas. Indian Bank has entered into a strategic tie-up services LIC of India.
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