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.
Tomy was found hanging inside the house in Irulam near Sultan Bathery on Thursday.
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.
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.
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.
The PM nudged bankers to offer "customised solutions" to businesses and micro, small and medium enterprises (MSMEs).
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.
Indian Bank organised a credit outreach programme in Vijayawada for the general public, farmers, entrepreneurs and business establishments.
In a statement, the bank said the mantra of the bank is 'Customer-Centric Digitisation and Increased Earnings'.
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.
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.
In an interview to TNIE's Rajesh Abraham, South Indian Bank MD and CEO Murali Ramakrishnan discusses plans for the Thrissur-headquartered private bank..
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.
RBI cancelled 6 licences, issued 123 directives & imposed penalty on UCBs so far in 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.