Indian Bank, a public sector lender, has introduced IndPay, a mobile application service that allows its customers to operate bank account from anywhere, anytime. This new application can be operated through smartphones compatible with Android, Windows and iOS mobile operating systems. Customers can do transactions like enquiries, getting mini statements and transferring funds to any account.
Indian Bank has reported 3.92% rise in its net profit at Rs 215.28 crore for first quarter ended June 30, 2015 as compared to Rs 207.16 crore for the same quarter in the previous year. Total income of the bank has increased by 8.46% at Rs 4494.54 crore for quarter under review as compared to Rs 4144.01 crore for the quarter ended June 30, 2014.
