Social Awareness

Indian Bank sponsored a Multi Utility Vehicle to Udayam Charitable Society, Kozhikode

Indian Bank sponsored a Multi Utility Vehicle to Udayam Charitable Society, Kozhikode, under CSR, as a part of the ongoing “Azadi Ka Amrit Mahotsav” celebrations.

On behalf of the Bank, Shri Sudhir Kumar Gupta, Field General Manager, Indian Bank, Bengaluru handed over the key of the multi utility vehicle to Dr. NTL Reddy IAS, District Collector, Chairman Udayam Charitable Society in the presence of Ms. Vijaya Balasubramanian, Zonal Manager, Kozhikode and other staff members of the Bank.

The Udayam Project, is a charitable unit under the chairmanship of the Kozhikode District Collector.

The society envisages comprehensive rehabilitation of the homeless, including COVID-19 prevention, family reunion, food, healthcare including major surgeries, accommodation/hostel facility, clothing, facilitating government identity cards, skills training, employment facilitation, etc.

“It is essential for achieving poverty reduction and sustainable economic and social development. As a responsible corporate citizen, it is our moral duty to ensure that the bank contributes meaningfully to all initiatives protecting the interest of the society. The importance of health has been appreciated more in the present day and time when during the last two years, establishments across the globe faced several challenges in providing timely and quality healthcare to its people.”

Shri Gupta stated that Indian Bank has always been at the forefront to support the needy sections of the society as part of its CSR activities.

About Indian Bank

Established in 1907, Indian Bank is a premier Public Sector Bank with a dominant Pan-India presence. The government of India owns 88.06% of the shareholding. It is the First Public Sector Bank to install ATM at Harbour, Madras in 1989.

The Bank has a vast branch network with 6004 branches, 5428 ATMs & BNAs, and overseas branches in Colombo and Singapore in addition to over 225 overseas correspondent banks.

The government of India had announced the Amalgamation of Allahabad Bank – a bank with 155 years of legacy – into Indian Bank in 2019.

Indian Bank commenced its operation as an amalgamated entity on 1st April 2020.

The integration of CBS systems of both the Banks was completed on 14th February 2021. Indian Bank has constantly thrived to adopt the latest technology and modify its techniques.

Apart from various initiatives undertaken by Indian Bank, one of the out-of-the-box initiatives was the launch of MSME Prerana – an Online Business Mentoring PAN India Program for MSME entrepreneurs.

To strengthen this initiative, Indian Bank also launched ‘Ind Spring Board’, financing for Start-ups and entered MOU with IIT Madras.
Over the years, Indian Bank has set new benchmarks in providing efficient banking services to its different client groups and has also emerged as a frontrunner in delivering excellent customer service.
This article was shared with Prittle Prattle News as a Press Release.
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