Indian Bank

After ten years, Namakkal businessmen get three years RI in cheating case

In a statement,  the CBI said the then Indian Bank branch manager S Balasubramanian based in Salem at the time was also sentenced to undergo two years’ rigorous imprisonment with a fine of Rs 2 lakh.

published on : 14th May 2022

Kerala lawyer's suicide: 'No pressure from our side,' clarifies South Indian Bank

Tomy was found hanging inside the house in Irulam near Sultan Bathery on Thursday.

published on : 13th May 2022

Indian Bank unveils digital broking solution 

The launch of the digital broking solution 'E-Broking' was a strategic step towards a complete digitalisation of its offerings to customers, a bank statement said.

published on : 7th May 2022

Digitisation, innovative technologies creating unprecedented disruption in banking sector: SBI Khara

"Banks need to be agile and nimble as technology increases customer expectation and the regulatory landscape also evolves rapidly to keep pace with technological advancement," he said.

published on : 11th March 2022

Indian Bank opens 11th branch in Guntur, Andhra Pradesh

Prasad said Indian Bank in Amaravati Zone is catering to the needs of three districts of Guntur, Prakasam and Kurnool with a total business of Rs 7,182 crore as on December 31, 2021.

published on : 8th February 2022

PM Modi to fugitive economic offenders: Return to country

The PM nudged bankers to offer "customised solutions" to businesses and micro, small and medium enterprises (MSMEs).

published on : 18th November 2021

Indian Bank cheating case: CBI files chargesheet against 18 persons in pre-closure of Chennai Port fixed deposits

Searches were earlier conducted around 28 places in Tamil Nadu and Kerala which led to the recovery of several incriminating materials and evidence.

published on : 3rd November 2021

Rs 1,395 crore loans sanctioned at credit outreach programme

Indian Bank organised a credit outreach programme in Vijayawada for the general public, farmers, entrepreneurs and business establishments.

published on : 29th October 2021

Indian Bank reports standalone Q2 net at Rs 1,089.17 crore

In a statement, the bank said the mantra of the bank is 'Customer-Centric Digitisation and Increased Earnings'.

published on : 28th October 2021

Many districts lack banking presence despite high level of economic activities: FM Nirmala Sitharaman

Addressing banking industry lobby grouping Indian Banks' Association (IBA), Sitharaman asked lenders to augment efforts of deepening presence.

published on : 26th September 2021

Finance Ministry asks Indian Banks' Association to play "pivotal" role in resurgence of economy

IBA is involved in finding new solutions for the customers especially during the pandemic and has come up with guidelines for the cohesive functioning of the entire banking system, the CEO said.

published on : 15th September 2021

We are replacing bulk deposits with retail deposits: South Indian Bank CEO Murali Ramakrishnan

In an interview to TNIE's Rajesh Abraham, South Indian Bank MD and CEO Murali Ramakrishnan discusses plans for the Thrissur-headquartered private bank..

published on : 28th August 2021

IBA moves RBI seeking licence to set up Rs 6,000-crore  National Asset Reconstruction Company 

IBA, entrusted with the task of setting up a bad bank, has put a preliminary board for NARCL in place. The company has hired P M Nair, a stressed assets expert from SBI, as the managing director.

published on : 22nd August 2021

Cooperative banks continue to be a sore for India’s banking sector

RBI cancelled 6 licences, issued 123 directives & imposed penalty on UCBs so far in 2021

published on : 22nd August 2021

CBI arrests 9 people for swindling over Rs 100 crore term deposits of Chennai Port Trust in Indian Bank

The CBI has arrested nine people for alleged swindling of over Rs 100 crore term deposits of CPT in Indian Bank by foreclosing them.

published on : 10th August 2021
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