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  RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

  Business | September 25, 2023 22:22 IST

  The RBI has also imposed a penalty of Rs 8.80 lakh on Fedbank Financial Services Limited for non-compliance with certain provisions of the directions on monitoring fraud in NBFCs.

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  Indian Bank rolls out 'IB SAATHI' to enhance banking services

  Business | September 16, 2023 14:40 IST

  The bank's Managing Director and CEO S L Jain launched the initiative at their corporate office.

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  Indian Bank unveils IB-eNote facility

  Business | September 29, 2020 19:30 IST

  Public sector Indian Bank has unveiled its IB-eNote facility, aimed at providing a paperless working environment and to improve the turnaround time considerably.

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  Indian Bank launches 3 emergency credit facilities for agriculture sector

  Business | April 02, 2020 20:50 IST

  State-run Indian Bank on Thursday said it has launched three emergency credit facilities for the agriculture sector which has been affected by the nationwide lockdown on account of Covid-19.  

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  COVID-19: Indian Bank announces additional funding facility

  Business | March 25, 2020 16:51 IST

  Amidst the coronavirus outbreak, state-run Indian Bank on Wednesday announced an additional funding facility for large corporates, MSME, retail customers, pensioners and self-help groups (SHGs).

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  No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance Thakur

  India | March 16, 2020 18:52 IST

  The government on Monday said no decision has been taken to discontinue printing of Rs 2,000 banknotes, and state-owned SBI and Indian Bank are reconfiguring ATMs for Rs 500 and Rs 200 notes.

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  Attention! Customers will no longer get Rs 2,000 currency notes at Indian Bank ATMs; Check details

  Business | March 03, 2020 8:00 IST

  Customers will no longer be able to withdraw Rs 2,000 currency notes from Indian Bank ATMs as the bank has decided to load more of 200 rupee notes in its machines. The bank from March 1, 2020, stopped loading and dispensation of Rs 2,000 notes in its ATMs

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  THIS bank will no more dispense ₹2,000 notes

  Business | February 24, 2020 18:01 IST

  Indian Bank will not dispense Rs 2,000 notes anymore. The public-sector entity has cited customer preferences as a reason for the move. Infact, the bank said it would load more of Rs 200 notes. According to RBI data, Indian Bank had nearly 4,000 ATMs across India as of December 2019.

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  Indian Bank ATMs to go user-friendly, vend more Rs 200 notes

  Business | February 22, 2020 23:37 IST

  City-based Indian Bank has decided to load more of 200 rupee notes and stop loading and dispensation of Rs 2,000 notes in its ATMs as a customer-friendly move, a senior official told IANS on Saturday.

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  Indian Bank expects to complete merger with Allahabad Bank by March 31

  Business | September 03, 2019 15:31 IST

  Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders, including merger of Allahabad Bank with Indian Bank.

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  Armed men loot Rs 22 lakh from Indian Bank branch in Bihar’s Sheikhpura

  India | October 12, 2017 13:44 IST

  Around half a dozen armed criminals held the manager and other staff of a branch of the Indian Bank in Sheikhpura captive and fled with Rs 22.67 lakh.

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  South Indian star Nagarjuna's studio seized

  Bollywood | March 23, 2015 21:51 IST

  Nagarjuna's  Annapurna Studio ( also popular as '7 acres')  in Jubilee Hills  was seized by authorities of  Andhra Bank and Indian Bank on Saturday due to non repayment of loan of Rs 62 crore. The

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  Tihar inmates to get life insurance cover under Jan Dhan Yojna

  India | December 21, 2014 15:59 IST

  New Delhi: Inmates of Delhi's high-security Tihar jail will soon get life and accidental insurance cover as the prison administration, in collaboration with Indian Bank, has decided to get their accounts opened under the Jan

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  Ex-CMD of Indian Bank, 14 others get 1-yr jail

  India | September 07, 2013 8:04 IST

  Chennai: Former Indian Bank Chairman and Managing Director M Gopalakrishnan and six other former top bank officials were yesterday sentenced to one year rigorous imprisonment by a CBI court here for allegedly causing a loss

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  Nimbus case: SC asks three banks to pay Rs 400 cr to BCCI

  Cricket | April 15, 2013 21:23 IST

  New Delhi, Apr 15: The Supreme Court today directed three public sector banks - Punjab National Bank, Indian Bank and Union Bank of India - to deposit within 15 days Rs 400 crores with the

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  Fitch downgrades Indian Bank to negative

  June 03, 2012 12:08 IST

  Mumbai, Jun 1: Global rating agency Fitch today downgraded state-run Indian Bank credit outlook to negative from stable.It, however, affirmed the Chennai-based bank's national long-term rating at AA+ with a stable outlook and national short-term

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  Indian Bank Enters Into Pact With SBI Mutual Fund

  July 12, 2011 23:05 IST

  Chennai, Jul 12: Public sector Indian bank has entered into an agreement with SBI Mutual Fund to sell its products.The agreement was signed between SBI Mutual Fund and Indian Bank at a function held today,