Sl no.

Mandatory obligation.

Information Disclosed

The particulars of its organisation, functions and duties

The Bank was established on 15th August 1907 as part of the Swadesh Movement and so proudly shares its founder’s day with Nation’s Independence Day. Indian Bank was one among the 14 Banks nationalized on July 19, 1969. In 2007 the Bank became a Public Listed Bank with 80% holdings by Government of India and 20% with general public.

The Bank has a three tier Organizational set up comprising its Corporate Office at Chennai, 34 Zonal Offices and 2033 branches as on 31.01.13 spread all over the country.

Besides the Bank provides 24x7 Banking service through ATMs spread all over the country. For location of ATM and its address click: ATM Network

For location of branches, their address and phone no’s, =>click on Branch Network

Bank has 3 Overseas Branches - one in Singapore, Colombo and Jaffna.

Bank has three subsidiaries and sponsored three Regional Rural Banks(RRBs)

The Administrative and Credit Powers of officers at various levels and of different scales to be exercised in the process of decision making and the procedural guidelines on the channels of supervision and accountability are decided by the Board and kept as a confidential document.

The credit decisions at Branch level are taken by Branch Managers at various levels from Asst. Manager to DGM of Branch depending upon their positions. Credit decisions at Zonal level are taken by the Zonal Office Level Credit Committee (ZLCC) and Zonal Level Second in Command Credit Committee (ZLSCC).

At CO level Credit decisions are taken at Corporate Office Level Credit Committee (COLCC - ED) and Corporate Office Level Credit Committee (COLCC – GM) and Credit Approval Committee.

At  Management Committee of Board level, the proposals are put up through Credit Steering Committee..

All branches and offices of the Bank are provided with the copies of Manuals of Instructions and circulars for discharging their functions effectively. For list of manuals => click manuals. The details of manuals covering several thousand pages the Manuals are not ported in the Bank’s web site www.indianbank.in.  Whenever any specific detail on such list is sought for, it could be provided for inspection.

Branches hold the documents relating to loan borrowers and deposit customers.

The particulars of any arrangement that exists for consultation with, or representation by, the members of the public in relation to the formulation of its policy or implementation thereof

There is no arrangement for consultation with the members of public in formulating any of the policies of the Bank.
However, as directed by RBI, the Standing Committee on Customer Service at Head Office includes four customers of the Bank representing the Public.

A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public

The details are ported in Bank’s website www.indianbank.in For details of Board =>click Board of Directors. For Chairman & Managing Directors profile, click  CMD’s Profile, for profiles of Executive Directors click  ED’s Profiles. For details of General Managers click  General Managers.

For statement of committees Click Names of the Committees of the Board .For further details of their constitution, purpose and the number of members in each committee, visit our website www.indianbank.in => about us => annual Report => Report on corporate governance. ( Source: the above data is available in our web site)

A directory of its officers and employees

For the directory of officers and employees viz. SR No., name, Branch, Zone/Head Office, designation and Gross Salary drawn as on 31.01.2013 click Directory of officers, employees and their gross salary
The data in the website is updated Annually in the month of December as the data keep changing from month to month due to transfers/placements/retirements. The gross salary keeps changing due to arrears of various allowances/annual increments/ change in DA/HRA etc.

Our Bank implements certain subsidy loaded loan schemes of central government and state government viz. PMEGP Scheme,  UYEGP Scheme, Technology Up gradation Fund Scheme (TUFS) for Textile Industry  offering certain percentage of subsidy of the loan projects.

Sponsoring Departments of Central and State Government shortlist the beneficiaries of such programmes and allocate among the banks in the respective area of operation. The subsidy is managed by the respective sponsoring Departments of Central and State government

There are no programmes of the bank granting concessions; permits, authorizations except the interest concession of one percent on deposits to staff, retired staff, 0.50% to Senior Citizens on attaining 60 years of age..

All the branches of the bank subscribe one vernacular and one English daily news papers for the use of Public.

The working Hours of the branches are displayed in the branch premises in Bold letters for the information of the Public.

The General Manager (HRM) is designated under section 19(1) of RTI Act, the First Appellate Authority (FAA) and Deputy General Manager (FI) is Public Information Officer (PIO) designated under section 5 of RTI Act. All the Zonal Heads are designated as Assistant Public Information Officers (APIO) under section 5 of RTI Act. The details  click
Address, Telephone/Fax No/email ID of Public Information Officers & Assistant Public Information Officers, First Appellate Authority and Transparency Officer.
For fee details under RTI Act rules -> click Regulation of fee and cost rules. For model application form click application format . 

Such other information as may be prescribed; and thereafter update these publications every year