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Topic: Indian Bank


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In the News (Sat 30 Aug 08)

  
  Indian Bank - Wikipedia, the free encyclopedia
Indian Bank, established in 1907, is a major Indian commercial bank headquartered in Chennai (Madras), South India with almost 1,400 branches throughout India and overseas branches in Colombo (Sri Lanka), and Singapore.
The bank, along with 13 other major commercial banks of India, was nationalisd on 19th July, 1969, by the Government of India.
IUB became Bank of Baroda (Hong Kong), a restricted license bank.
en.wikipedia.org /wiki/Indian_Bank   (348 words)

  
 The Hindu Business Line : South Indian Bank bid to bridge NRI gulf
SOUTH Indian Bank is concluding new arrangements with correspondents in some Gulf states as it plans to diversify its portfolio and also widen access for its large NRI clientele in this region, according to the bank's Chairman, Mr A. Sethumadhavan.
The bank is also talking to a few other companies in the Gulf states with the aim of providing wider access to its NRI clientele in the region.
The UAE Exchange Centre is the main correspondent for the South Indian Bank in the UAE, Oman and Kuwait, Mr Sethumadhavan said.
thehindubusinessline.com /bline/2002/12/19/stories/2002121901241000.htm   (521 words)

  
 banks, banking, offshore, business process outsourcing, BPO, BPM, CRM: Banknet India
Banks are among the main participants of the financial system in India.
Bank of Calcutta, Bank of Bombay and Bank of Madras.
The arrival of foreign and private banks with their superior state-of-the-art technology-based services pushed Indian Banks also to follow suit by going in for the latest technologies so as to meet the threat of competition and retain customer base.
www.banknetindia.com /banking/banking.htm   (412 words)

  
 The Hindu : Indian Bank maintains clean slate
Indian Bank coach V.P. Sathyan never thought he would need the services of his keymen Sabir Pasha and Hamilton Bobby for the match against lowly State Bank of Hyderabad.
Considering Indian Bank's record of two wins besides a good goal difference as added insurance, the team needed to only go through the motions with not even a loss by a small margin being a threat.
But losing to the zone's weakest squad SBH was not on Indian Bank's agenda and so the third minute reversal, a Khaja Mohiuddin goal off Sailesh's provide, even before the teams could settle down, needed a face-saving exercise.
www.hinduonnet.com /2001/03/20/stories/0720044h.htm   (376 words)

  
 Tribes Agree to Underwrite Proposal for Nation's Largest Indian Bank
The bank's goal is to help alleviate the misery afflicting many American Indians by harnessing hundreds of millions of dollars to invest in bold new tribal ventures, like buffalo slaughterhouses in the Great Plains and lumber mills in the Northwest.
The bank would also be unusual in taking on two roles at once: as a community bank serving Indians, and as a national bank making corporate-sized loans.
The new bank's chief executive, John Beirise, a former head of institutional banking at Mercantile Bancorporation Inc. in St. Louis, is writing the charter application, the document that holds the answers to many of these questions.
home.gci.net /~thcc/what'shap/ProposalforIndianBank.htm   (1419 words)

  
 The Hindu : Indian Bank downs ITI
The first hint that the ITI defence could be split open and tested came when Indian Bank's first flag-kick caused consternation in the ITI camp and clearly ruffled a usually secure Balaji under the bar.
The second Sri Lankan recruit for Indian Bank, Kasun Jayasuriya is a game trier and it was he who triggered the action in front of the ITI goal off a lob that came from the corner.
Indian Bank coach Sathyan said he was happy that the side had crossed the first hurdle.
www.hinduonnet.com /2002/11/20/stories/2002112002392000.htm   (749 words)

  
 IndiaOneStop.com - Foreign Direct Investment in Indian Bank
Indian federal government has opened up the banking sector for foreign investors raising the ceiling of foreign direct investment in the Indian private sector banks to 49 percent.
Foreign banks having branch-presence in India are eligible for FDI in private sector banks subject to the overall cap of 49% with RBI approval.
(2) Indian banking company is required to file within 30 days from the date of issue of shares, a report in form FC-GPR (Annexure II) together with a cretificate from the company secretary of the concerned company certifying that various regulations have been complied with.
www.indiaonestop.com /FDIinbanks.htm   (713 words)

  
 Indian Bank awaits Ministrys' nod for IPO- The Economic Times   (Site not responding. Last check: 2007-11-02)
NEW DELHI: Indian Bank is waiting for the final approval from Finance Ministry for its initial public offering and said it is open to acquiring a bank.
However, Indian Bank would need more capital to increase its business and provide for market and operational risks as envisaged in the Basle-II norms coming into effect from 2006.
Asked if the bank is scouting for acquisition of a bank, Rao said, "Government favours consolidation of banks by merging small banks with big and financially sound banks.
economictimes.indiatimes.com /articleshow/851926.cms   (277 words)

  
 Rediff On The Net Business News: Indian Overseas Bank CMD to be held for links to Indian Bank scam
The principal sessions court in Madras on Wednesday directed the Central Bureau of Investigation to arrest Indian Overseas Bank Chairman and Managing Director K Subramanian in connection with the scam in the Indian Bank, where he had earlier served as general manager.
The case relating to the sanctioning of the loan to GSC was the first major case to be registered by the CBI after the Indian Bank scam unfolded.
Subsequently, the then Indian Bank chairman and managing director M Gopalakrishnan and some other bank officials were arrested in other scam-related cases.
www.indiaabroad.com /business/aug/20scam.htm   (423 words)

  
 Indian Bank to float IPO in Sep - The Economic Times   (Site not responding. Last check: 2007-11-02)
Speaking to reporters on Friday, the bank was planning to raise approximately Rs 200 crore from the capital market by charging a premium of Rs 50 per share.
Asked about targets for the financial year 2005-06, Rao said that the bank was aiming to achieve a 20 per cent growth in business over the last financial year.
In 2004-05, the bank's business was Rs 53,689 crore, reflecting a 18 per cent growth over the previous fiscal.
economictimes.indiatimes.com /articleshow/1124190.cms   (223 words)

  
 GN Online: Indian bank plans to open branches in Gulf
India's largest bank with a 25 per cent share of the market, State Bank of India, plans to open full-fledged branches in the Gulf.
Indian public sector banks have come a long way from the doldrums of the mid-1990s, when banking was liberalised and private banks looked like taking the public sector banks to the cleaners.
Faced with the surprising success of the private sector ICICI Bank, which has now become the number two bank in India with about 8 per cent of the market, SBI has had to rework its image as the government bank there to service the low-end customers who would not be entertained by the private banks.
www.gulf-news.com /Articles/print.asp?ArticleID=98560   (454 words)

  
 The Tribune, Chandigarh, India - Business
Australia's central bank said on Monday it expected to increase interest rates again in the current economic expansion and was closely watching inflation, which appeared to be bottoming at a higher-than-expected rate.
Bank officials informed the media that Rs 6 crore was withdrawn by edgy depositors by Monday afternoon.
Bank Secretary P. Krishnakumar told reporters here that the total deposits and advances of the bank for the year ended March 2004 stood at Rs 251 crore and Rs 139 crore, respectively, while gross NPAs were 32 to 35 per cent of the advances.
www.tribuneindia.com /2004/20040810/biz.htm   (2702 words)

  
 Indian Bank retains title, Sudhakar Babu Champion   (Site not responding. Last check: 2007-11-02)
Overnight leader FM K V Shantharam (Indian Bank) was defeated at the hand of his compatriot IM N.Sudhakar Babu in the 6th and the final round to enable the latter to take title in the 11th Inter-Bank (Southern Region) Chess Tournament 2001-2002 being concluded at Indian Red Cross Society here today.
For Indian Bank, it was a foregone conclusion as far as the team tally was concerned.
Indian Bank players barring their captain V Hariharan, scored full points in the second round of the 11th inter-bank (Southern Region) chess tournament 2001-202 being held at Indian Red Cross Society here on Friday.
www.chathurangam.com /cityresults/11thintbk2k2.asp   (534 words)

  
 Indian Bank to Open Branch in Burma   (Site not responding. Last check: 2007-11-02)
The United Bank of India and the Myanmar Economic Bank agreed to introduce the Letter of Credit (LoC) system into Indo-Burma bilateral trade during a meeting held in the border town Moreh on 20 and 21 September.
The two-day trade meeting was attended by Indian Joint Director of Foreign Trade MK Mero from India and Burmese Chairman of the Tamu Peace and Development Council Major Maung Maung.
The UBI and the Myanmar Economic Bank have agreed to hold a meeting in the border town of Tamu in November to work out some remaining details regarding the use of the LoC system.
www.mizzima.com /archives/news-in-2003/news-in-oct/08-oct03-08.htm   (248 words)

  
 Outsourcing Times: Indian Central Bank Reforms Security for Western Banks   (Site not responding. Last check: 2007-11-02)
In what may prove to be the initial step in a major overhauling of Indian privacy and security measures, the Indian Central Bank is putting into place a number of rules and regulations designed to minimize the risk faced by western banks engaged in outsourcing with India.
After the fraud committed by a small group of call centre ex-employeed, western banks and their customers were particularly concerned about security breaches on their holdings and private information.
While the extent of the reforms is not yet known, the fact that initial steps have been taken by the central bank indicates not only the vital importance of outsourcing to the Indian economy, but additionally the growing power of western corporations to influence Indian law.
www.blogsource.org /2005/06/indian_central_.html   (323 words)

  
 Prakash Champion, Indian Bank takes the team title   (Site not responding. Last check: 2007-11-02)
Grandmaster Elect G B Prakash of Indian Bank took the individual title with a better tie break in the 10th All India Inter Bank Chess tournament at Andheri Sports Complex, Bombay here today.
In the team standings, it was Indian Bank again as they edged out hosts Union Bank of India in the final round claiming the team title.
It was the last three boards that did the trick for Indian Bank, as Saimeera, Shantharam and Hariharan won their games taking their team's final tally to 21.0 points.
www.chathurangam.com /Indian2k2/10thintbkbbyn.asp   (486 words)

  
 HP snags US$150m outsourcing deal with Indian bank - Hardware - News - ZDNet Asia
Under the pact, which HP claims to be the largest managed services deal ever awarded in the country, the company will implement and manage a core banking system across the bank's 750 branches in India.
The deal also calls for HP to undertake a slew of other projects including the building and management of the bank's new data center, disaster recovery facilities and a call center.
In a related announcement, Palo, Alto-based HP said it has made inroads into the banking sector in the mainland.
www.zdnetasia.com /news/hardware/0,39042972,39169909,00.htm   (271 words)

  
 American Heritage Bank - American Indian Museum
The early history and life of the Plains Indians and other Native American cultures are depicted in over 100 artist pictorials throughout the bank locations.
The St. Cloud Log Bank has devoted a large area for the presentation of native artifacts and replicas explaining the lifestyle of early Native Americans.
Visitors can learn much from a tour that brings the ways and beliefs of an early culture alive.
www.logbank.com /features/museum.html   (93 words)

  
 Tangled Bank #22 - The Scientific Indian   (Site not responding. Last check: 2007-11-02)
The next Tangled Bank will be hosted at Living the Scientific Life.
The 22nd edition of the Tangled Bank is now up and ready for reading!
A small heap of recent submissions got thrown into the junk mail pile, so if you sent something in and it isn't there, don't worry, it wasn't that anyone thought you weren't worthy…it was gmail…
www.thescian.com /blog/index.php?/archives/267-Tangled-Bank-22.html   (833 words)

  
 GN Online: Indian bank plans to open branches in Gulf
GN Online: Indian bank plans to open branches in Gulf
Indian bank plans to open branches in Gulf
· Indian bank plans to open branches in Gulf
www.gulf-news.com /Articles/news.asp?ArticleID=98560   (550 words)

  
 Borrego Springs Bank: SBA Loans, Indian Services and Other Products
Borrego Springs Bank, N. is a minority owned (Native American), federally chartered, financial institution dedicated to serving the needs of our customers.
We are a proven Small Business Administration (SBA) lender who strives for customer service excellence in all facets of our operations.
In addition to traditional banking services, we also feature banking products specifically designed to meet the needs of Native American tribes.
www.borregospringsbank.com   (74 words)

  
 Banknet India, banking, software, technology, BPO, news, research, event, directory, book
Banknet India,promoted by senior bankers is focused on banking knowledge, research & conferences.
Basics of everyday banking explained by a team of bankers.
This section will provide answers to most of your queries & also feature bank products.
www.banknetindia.com   (212 words)

  
 Indian Matrimonial, Free Matrimonials
You can send wedding / marriage eCards in Hindi or English for Marriage Invitation, Wedding congratulations, Wedding Anniversary, Baby Birth Greetings, Sagaii (Engagement), Cyber Kiss, Birthday, Flowers/Bouquet, Best Wishes, Congrats etc. Build your own card by selecting from a wide choice of images, quotations, etc. View Sample eCards
Reminder: This is a totally free Indian Matrimonials site with separate NRI matrimonials.
Also Indian wedding / marriage pictures, photos, rituals, Indian festivals, etc.
www.matrimonialbank.com   (185 words)

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