A recent press report said that Public sector Indian Bank has launched e-Treasury service combining the domestic and foreign exchange trading on a common software package.
Mr. T. M Bhasin, Indian Bank Chairman and Managing Director said that the package analyses profitability, risk and costing aspects from different markets.
Reports said that the new building has been constructed at the cost of Rs 70 crore and all departments of the bank have been moved from the older office to new corporate building.
Mr. Bhasin said the new building was built in ‘trilobular shape’ resembling the logo of the bank. He also said that the formal inauguration of the corporate building would be done at a later date.
The bank was pioneer in introducing Self Help Groups and Financial Inclusion Project in the country. Its other services include Ind Netbanking, Ind Phonebanking, e Payment of Indirect Taxes, MCA Payment, IndJet Remit (RTGS), N E F T etc.
The bank offers loans such as home Loan, NRI Home Loan, Plot Loan, home Improvement loan, IB Vehicle Loan, Ind Mortgage, IB Rent Encash, Ind Reverse Mortgage, Loan / OD against Deposits, Loan / OD against NSC / KVP / Relief bonds of RBI / LIC policies, IB Pension Loan, Educational loan etc.