Tuesday, 29 September 2020

INDIAN BANK INAUGURATES AMALGAMATED BRANCH IN CHENNAI

 

Consequent to amalgamation of Allahabad Bank with Indian Bank, Adyar Branch of erstwhile Allahabad Bank was merged with Indian Bank’s Adyar Branch. Shri V Shenoy Vishwanath , Executive Director, Indian Bank inaugurated the amalgamated Branch on 28.09.2020. Shri K. Chandra Reddy, FGM - Chennai, Shri A Palani ZM – Chennai South,Shri M Venkatesan ZM – Poonamalle, and Other Executives and customers of the Bank were present during the occasion.



Speaking on the occasion, Shri V Shenoy Vishwanath, Executive Director said that Indian Bank has 8 branches amalgamated so far in Chennai and 33 branches Pan India and  way forward will be amalgamating more than 325 branches which not only will help reduce costs but also provide services to the customers at lower costs. Indian Bank, the 7th largest PSB in the country, not only has Pan-India presence with its vast branch network after the amalgamation of Allahabad Bank, but also has bouquet of digital products like Internet Banking and Mobile Banking for customers to make their banking transactions anytime, anywhere. Further he added that Indian Bank during the Covid-19 pandemic has introduced All in one App IndOasis for bouquet of Banking services and very recently has also introduced the SMS facility for the prospective customers of Home loan, Mortgage loan and vehicle loan. He also thanked the customers and sought their continued patronage.

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