Chennai, November 03: Indian Bank celebrated Rashtriya Ekta Diwas (National Unity Day) on 31st October 2021. This day it is observed across the country as Rashtriya Ekta Diwas to commemorate the birth anniversary of Sardar Vallabhai Patel. It is a special occasion to foster harmony and reinforce our dedication to preserve and strengthen unity, integrity and security of our nation.
As part of the celebrations, Indian Bank organized pledge taking ceremony for its staff across India. Cycle and Motorcycle rallies were also organised in the Field General Manager Offices and Zonal Offices. At Corporate Office, General Managers, DGMs, AGMs and other staff members participated enthusiastically and took pledge.
About Indian Bank:
Established in 1907, Indian Bank is a premier Public Sector Bank with a dominant Pan-India presence. Government of India owns 88.06% of the shareholding. It is the First Public Sector Bank to install ATM at Harbour, Madras in 1989. The Bank has vast branch network with 6004 branches, 5428 ATMs & BNAs, 9095 BCs, overseas branches in Colombo and Singapore in addition to over 225 overseas correspondent banks.
Government of India had announced the Amalgamation of Allahabad Bank – a bank with 155 years legacy – into Indian Bank in 2019. Indian Bank commenced its operation as an amalgamated entity from 1st April 2020. The integration of CBS systems of both the Banks was completed on 14th February 2021. Indian Bank has constantly thrived to adapt latest technology and modify their techniques.
Apart from various initiatives undertaken by Indian Bank, one of the out-of-the-box initiative was launch of MSME Prerana – an Online Business Mentoring Programme for MSME entrepreneurs launched by Smt. Nirmala Sitharaman, Minister of Finance, Govt. of India on 6th October, 2020. It is a Pan-India Programme in vernacular languages (in all states / UTs), presently running in UP and Tamil Nadu. To strengthen this initiative, Indian Bank also launched Ind Spring Board, financing for Start-ups and entered into MOU with IIT Madras – Incubation Cell, IISc Bangalore and M/s. The Chennai Angels for identifying the eligible Start-ups for bank finance.
Over the years, Indian Bank has set new benchmarks in providing efficient banking services to its different client groups and has also emerged as a front– runner in delivering excellent customer service.
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