Indian Bank is to expand its base in Sri Lanka by opening another three to four branches, quoting the bank's Executive Director Rajeev Rishi, The Hindu reported.
The bank had 1,853 branches of which 61 branches were in the Tiruchi zone, he said adding that it also had footprints abroad in Colombo and Jaffna in Sri Lanka and Singapore.
The Indian Bank stood next to the State Bank of India in disbursing educational loans, he said.
The bank was recently conferred with the Skoch Financial Inclusion Award 2011 for ‘SHG Initiatives – Urban Financial Inclusion'. D.A. Ulagan, the bank's General Manager/Zonal Manager, Tiruchi Zone was present on the occasion, a press release from the bank said.