RRBs of Indian Bank and IOB merge to form Tamil Nadu Grama Bank 

The Ministry of Finance has announced the amalgamation of two regional rural banks in Tamilnadu- Pallavan Grama Bank, sponsored by Indian Bank and Pandyan Grama Bank, sponsored by Indian Overseas Bank (IOB) into a single regional rural bank in the state and name the new entity as Tamil Nadu Grama Bank. Continue Reading

Indian Bank Q2 results see biz grow 14.28%

Indian Bank has announced the results for the second quarter ended 30 September at a meeting held here on Friday and the board of directors stated in a release that total business reached Rs 3.91 lakh crore with a year-on-year (YoY) growth of 14.28 per cent over Rs 3.42 lakh crore during the year ago period. Continue Reading

Indian Bank Trophy Basketball: Sathyabhama emerges winner

Sathyabama BC registered a closely-fought 84-77 win over MM BC in the Indian Bank Trophy basketball match at the Venkatanarayana Road Corporation Ground here. Vigneshwar starred for the winner, scoring 30 points. In another match, JIT Sriperumbudur beat Blue Star 79-46. Continue Reading