Indian Bank inks pact with Manipal Technologies

23 Jun 2023 Evaluate

Manipal Technologies has partnered with state-owned Indian Bank to drive financial inclusion by offering customised banking products. The partnership aims to build a sustainable network of corporate business correspondents (CBCs) that will enhance the availability, affordability, and accessibility of financial services, particularly in underserved markets and rural areas.

As part of this association, Manipal Technologies will work closely with Indian Bank to offer tailor-made banking products in rural locations. The initial focus will be serving more than 600 locations and gradually expanding the presence in newer regions in states such as Tamil Nadu, Chhattisgarh, Uttar Pradesh, Kerala, Maharashtra, Haryana, and Punjab.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.


Indian Bank Share Price

536.50 -18.65 (-3.36%)
20-Dec-2024 16:59 View Price Chart
Peers
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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