Updated on: Wednesday, September 16, 2020, 02:10 PM IST
Indian Bank inaugurates amalgamated branches in Chennai
Consequent to amalgamation of Allahabad Bank with Indian Bank, Mount Road Branch of erstwhile Allahabad Bank was merged with Indian Bank's Anna Salai Branch, e-AB's Pursawalkam Branch was merged into Indian Bank's Dr. Alagappa Road Branch and e-AB Nolambur Branch with Indian Bank's Nolambur Banch. M K Bhattacharya, Executive Director, Indian Bank inaugurated the 3 amalgamated Branches at Chennai and e-AB Thiruvallur was merged with Indian Bank Thiruvallur on 14.09.2020. K. Chandra Reddy, FGM - Chennai, M Arumugam ZM - Chennai North, M Venkatesan ZM - Poonamalle, A Palani ZM - Chennai South and Other Executives and customers of the Bank were present during the occasion.
Speaking on the occasion, M K Bhattacharya, Executive Director said that Indian Bank amalgamated 6 branches so far and way forward will be amalgamating more than 300 branches which not only will help reduce costs but also provide services to the customers at lower costs. Indian Bank, the 7" largest PSB in the country, not only has Pan-India presence with its vast branch network but also has bouquet of digital products.