Indian Bank Launches “Resources Acquisition Centres”

Indian Bank Launches “Resources Acquisition Centres” - A dedicated organisational structure to strengthen the deposit base Mumbai, 21st July 2023 : Indian Bank, the country's 7th largest Public Sector Bank, takes a significant strategic step towards reinforcing its Deposit Business Portfolio with the introduction of a Dedicated Business Unit Conc ept, "Resources Acquisition Centre" (RAC). The inaugural ceremony of the first Resources Acquisition Centre to ok place today on 20th July 2023 in Mumbai (Southern), in the esteemed presence of Shri. Mahesh Kumar Bajaj, Executive Director, Indian Bank, and Shri. S S P Roy, Field General Manager, Mumbai FGMO. The bank plans to open 20 RACs at Ultra Potential Centers in Phase-I to bolster its Deposit portfolio. The primary objective of this...