Indian Bank has entered into a memorandum of understanding (MoU) with Tamil Nadu Open University (TNOU) and Directorate of Technical Education (DOTE) for facilitating online fee payment facility. This step taken by the bank would help students of Tamil Nadu Open University and those studying in those institutes attached to DOTE to pay their fees online.
Indian Bank is a mid-sized government bank with over 1,860 branches across India, one branch in Singapore and two in Sri Lanka. It has a particularly strong presence in Tamil Nadu.
On the standalone basis, the bank has posted a rise of 13.47% in its net profit at Rs 461.74 crore for the quarter ended June 30, 2012 as compared to Rs 406.93 crore for the same quarter in the previous year. Total income has increased by 18.67% at Rs 3596.50 crore for quarter under review as compared to Rs 3030.74 crore for the quarter ended June 30, 2011.
Company Name | CMP |
---|---|
SBI | 812.50 |
Bank Of Baroda | 240.30 |
Canara Bank | 99.65 |
PNB | 100.70 |
Union Bank Of India | 116.60 |
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