Amidst the present day challenging duration for the banking region in India, there may be a Public Sector Bank that has outshined its friends. It is the Chennai-headquartered Indian Bank. Indian Bank nowadays, with over 9400 touch factors throughout the country, has crossed the milestone commercial enterprise level of Rs 4.00 lakh crore The Bank has featured inside the Most trusted brands in the Public Sector Bank category and has been acknowledged as India’s Best Bank (supply: Economic Times, Magazine).

A 111-year vintage Bank, Indian Bank, has been continuously proving that it has the potential to adapt to the changing environments at distinguishing factors of time. It has many ‘firsts’ to its credit score in terms of merging banking and generation for higher, more secure and more convenient solutions. The Bank becomes the primary to migrate from Total Bank Computerization (TBC) to a hundred% Core Banking Solutions (CBS). Installing the primary ATM through any public zone bank in 1989, putting in the first force-in ATM of the USA at some stage in 1990, introducing the first ever voice-guided biometric ATM in 2007 to name a few. The Bank launched an enterprise-first mobile app to block and manage limits of debit card and credit card, the ‘IB Smart Remote.’ Indian bank has been continuously reinventing with a futuristic vision to meet the hard and dynamic needs in this era-pushed era. While doing so, the bank pays serious attention to the protection and safety of clients’ transactions.


Like any other monetary organization, Indian Bank too needed to stave off many challenges in its long history, the maximum ambitious one being during the late 1990s and early 2000s. The sheer commitment of personnel and unflinching loyalty of clients are the Bank’s middle strengths, and the Bank should script a successful, historical turnaround of its fortunes in particular because of those elements. Carrying the tag ‘Your Own Bank,’ the Bank is looked upon with delight in India.

Indian Bank has by no means regarded back ever when you consider that its historical revival, continuously posting earnings for over one and 1/2 a long time. The Bank’s pre-eminent function is indicated with the aid of the fact that once the infusion of Capital via Government of India during its turnaround, Indian Bank is the handiest exception among nationalized Banks that has in no way sought recapitalization support from Government. Harnessing its robust technological backbone and widespread revel in, the financial institution has undertaken a properly-planned and nicely-done credit disbursal route, balancing growth and exceptional.

Indian Bank has been a forerunner in serving the unbanked and under-banked centers via tech-based initiatives, thereby enjoyable its task to be a Common Man’s Bank. The Bank’s pioneering efforts in helping SHG motion and promoting Financial Inclusion has earned for it the coveted reputation continuously for 18 years from Government of Tamil Nadu, besides others. It will not be a real understatement if one says that Indian Bank has been the life-changer for lots socially and economically deprived and susceptible sections of the society.

Having been born out of the human beings movement, Indian Bank is a responsible corporate citizen. The Bank has primarily based its CSR coverage on five pillars, viz., inclusive boom, deepening financial literacy, making sure a worth life surroundings via green projects, empowerment of ladies to bring in gender equality and fostering financial independence to the downtrodden and economically weaker sections, women and poor thru vocational ability development. On ninth March 2019, the Bank celebrated “International Women’s Day” and felicitated twelve girls achievers. On that day, the Bank additionally launched “IB- Surabhi,” a Savings financial institution Account solely for ladies. The product gives a bouquet of facilities like the concessional hire for locker and hobby on loans, insurance, buy protection, customized cards, and free services.

As a step closer to getting towards the agricultural people, various developmental activities such as literacy and counseling packages on credit score, deposit merchandise, social protection schemes, and digitization have been undertaken through facilities set up for the said reason beneath “Indian Bank Trust for Rural Development” (IBTRD). To create opportunities for marketers to pursue diverse self-employment alternatives, Rural Self Employment Training Institutes of the Bank (INDSETIs) were providing essential training for skill building. Both these projects of the Bank have acquired due recognition and praise from NABARD & Ministry of Rural Development.

Creating a healthful society has been essential inside the agenda and a number of initiatives for the bad and the marginalized were undertaken via diverse health care and blood donation camps. Envisioning a comfortable and hygienic surroundings for the next generation, Bank is an lively recommend of “Swachh Bharat Mission” and numerous activities in this regard had been finished across the united states of America like production of bathrooms in girls’ schools, donation of sanitary napkin merchandising system and incinerator in girls’ schools, cleanliness drive at numerous locations and many others.

With the presence of nicely-matured components, Indian Bank has re-positioned itself to cater to the converting desires of its purchasers with the primary cognizance on attuning itself to offer purchaser-centric offerings across the Banking panorama and attaining profit-enhancing improved enterprise increase via improved operational efficiency.

Going ahead the goal might be to continuously pursue the vision to be a competitive and robust financial institution with a dedication to excellence and recognition on including a cost to customers, shareholders, and personnel with adherence to high-quality practices and core institutional values shared at some stage in the Organization.

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