Mumbai, fondly referred to as ?Bombay? by many, is not only the capital city of the Indian state of Maharashtra but is also the financial and commercial capital of the country. It lies on the Konkan coast, along the western border of India. It is probably the most populous city in India and serves as a home to the wealthiest Indians. Mumbai hosts the highest number of billionaires and millionaires amongst all the prime Indian cities. Being an economic hub, the city promises a plethora of opportunities in terms of employment, and thus it is a much-coveted destination for job-seekers from all over the nation. The Indian film industry, popularly known as ?Bollywood?, operates out of Mumbai. Mumbai also serves as a popular tourist destination as its outskirts provide all travelers with a magnificent combination of serene beaches, exotic hill stations on the Western Ghats. The tropical climate of Mumbai has a harmonious blend of warm, chilly and rainy days. The infamous Mumbai rain floods the city every year but doesn?t dampen the quintessential energetic spirit of the city. This Indian city nurtures the passion of dedicated learners and workers; it is often considered as the city that never sleeps.
The Indian Bank was established on 15 August 1907 as a part of Swadeshi movement. The bank is serving the nation with a dedicated staff of 19,843 as of 31st March 2018, and total business of the bank has touched Rs3,70,000 Crores. The bank has its overseas branches in Singapore, Colombo along with a foreign currency banking unit at Columbo and Jaffna. The two subsidiary diversified banking activities include IndBank Merchant Banking Services Ltd and Ind Bank Housing Ltd. The bank has allocated 2975 sub service areas as per Pradhan Mantri Jan-Dhan Seva Scheme under Finacial Inclusion Plan. The Indian Bank has a major role in introducing Self Help Groups(SHGs) and Financial Inclusion Projects in the country. The NABARD had awarded Indian Bank for being one among the two PSBs which linked the credit with the SHGs during 36th Foundation Day celebration at NABARD. The Indian Bank has also received Best Performer Award for microfinance activities in Kerela, Tamil Nadu and Puducherry(UT). Till now the bank has incorporated 39 specialized microfinance offices across the country.