Indian Bank : Remember key points using Mind Map

History:

• In the last quarter of 1906, Madras (now Chennai) was hit by the worst financial crisis. 
• To resolve the problem, V. Krishnaswamy Iyer , founded the Indian bank. 
• Indian Bank is an Indian state-owned financial services company established in 1907 as a private sector bank, with its head office in Parry's Building, Parry Corner, Madras, Tamil Nadu. 
• It was nationalised in 1969 by the Government of India along with other 13 private banks under Banking Companies Ordinance, 1969. 
• Since 1969 the Government of India has owned the bank. 
• In 1981 Indian Bank set up its first RRB, Sri Venkateswara Grameena Bank, in Chittoor. 

Logo of Indian Bank:

• Tagline: Taking Banking Technology to Common man
• Headquarter: Chennai, Tamil Nadu
• MD & CEO: Mahesh Kumar Jain
• Founder: V. Krishnaswamy Iyer
• Founded on: 15 August 1907

Subsidiaries:

• Ind bank Merchant Banking Services Ltd.
• Ind Bank Housing Ltd.

Mergers:

• Rayalaseema Bank
• Mannargudi Bank
• Bank of Alagapuri
• Salem Bank
• Trichy United Bank
• The Palakkarai Bank
• The Tennur Bank
• Bank of Thanjavur

Awards Received Recently:

• Indian Bank has won Six SKOCH Technology Innovation Awards for its Techno Products.
• India's Best Bank Award by Financial Express.

Techno Products provided by Indian Bank:

• Scan and Pay in Indpay Mobile App
• Geo-Tagging in IB Staff App
• Digital Challan in IB Customer App
• Online Credit Card Transaction view in IB Customer App
• ATM Room Cleanliness Feedback with photo from user in IB Customer App
• Green PIN for Credit / Debit Card / Net / Mobile Banking.

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