Today (8th February), the Finance Minister P Chidambaram said people haverealised the importance of banking services. They request to open a branch in their area to avail of various facilities.
He was declaring open 108 branches of Indian Bank through video conferencing mode.
Branches help the local economy grow through schemes such as loans for farming, industry, business and education.
The 108 branches of Indian Bank included 36 in Tamil Nadu; 19 in Uttar Pradesh; 13 in Orissa, 12 in Andhra Pradesh, seven in Kerala, three in Karnataka, one each in West Bengal and Assam and 16 in other states.
The opening of branches was in line with the UPA government`s decision. This year 10,000 branches had been opened, providing jobs for 50,000 persons.
Indian Bank`s business in Tamil Nadu was Rs 90,000 crore and this would touch Rs 100,000 crore in the coming year.
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