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Madurai, March 18

Indbank, a subsidiary of Indian Bank engaged in merchant banking services, will be opening 10 branches across the country in 2007-08, said Mr M.S. Sundara Rajan, Executive Director of Indian Bank, while inaugurating the eighth branch. Mr Sundara Rajan, who is also Chairman of Indbank, said that the proposed new offices will be coming up in Hyderabad, Puducherry, Baroda, Kolkata, Vijayawada, Rajkot, Pune, Jaipur, Indore and Kochi. There are also plans to put up broking terminals at select branches for increasing the reach and operations.

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Indbank to open 10 more branches

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