Live
- As BJP hopes to retain Vadodara, Congress determined to give a fight
- PM Modi took decisive steps to bring peace in Northeast: BJP chief Nadda
- Excise policy case: Delhi court extends Manish Sisodia's judicial custody till April 26
- Another case booked against KCR's nephew
- ‘Sandhyaragam’ director Srinivas Nedunuri gets honoured at Ugadi Awards held by World Records Foundation
- IPL 2024: Devon Conway ruled out due to injury, CSK name Richard Gleeson as replacement
- KK Raju Conducts Enthusiastic Election Campaign in Visakhapatnam Constituency"
- Indian electronics industry sees impressive 154 pc growth in hiring, skilling: Report
- People of Nandigama Seek Freedom from YSRCP: TDP MP Candidate Kesineni Shivanath
- Andhra Pradesh to see direct fight between YSRCP & NDA in Assembly, LS polls
Indian Bank Narayanaguda branch moves to new premises
Dr S K Joshi, IAS, Chief Secretary, Telangana Government inaugurated Indian Bank Narayanaguda Branch New Premises on May 17, 2019.
Hyderabad: Dr S K Joshi, IAS, Chief Secretary, Telangana Government inaugurated Indian Bank Narayanaguda Branch New Premises on May 17, 2019.
Speaking on the occasion, Joshi said that he is a proud client of Indian Bank with more than two decades relationship and had always found the service quality to be excellent.
MD & CEO Chunduru, while thanking chief secretary and other dignitaries said that Indian Bank with its cherished past continues to grow with the support from the loyal customer base.
She also said that Indian Bank has not had any need for capital infusion from Government of India in recent past and is confident to grow on its own by extending quality customer service.
In Telangana State, Indian Bank is having a network of 121 branches with overall business of Rs 17000 crore as on March 31, 2019.
"Indian Bank has been a proud partner in the inclusive development of Telangana State by supporting infrastructure projects and also the communities that we serve." said the zonal manager, Manohar.
Indian Bank reported a Global Business of Rs 4.30 Lakh crore for the FY-2019 with 16 per cent growth over 2017-18.
Its advance portfolio grew to Rs 1.88 crore with 15 per cent growth led by 18 per cent growth in RAM Sector.
The healthy growth in the loan book was supplemented by improved Asset Quality which was underlined by reduction in Gross NPA at 7.11 per cent from 7.37 per cent and Net NPA at 3.75 per cent from 3.81 per cent for FY-2019 over previous year.
