Indian Bank has set a target to disburse Rs 20,000 crore to Self Help Groups (SHGs) nationwide during the current financial year (FY26). The bank conducted a 'Mega SHG Credit Outreach Programme' in Bhubaneswar towards this vision.
As part of a pan-India initiative by the Department of Financial Services, the programme in Odisha marks Indian Bank's contribution to the national mission of empowering one crore SHG Women with 'Credit Access’. A total of 9,961 Self Help Groups received sanction letters amounting to Rs 509.91 crore providing financial support to grassroots women entrepreneurs on the occasion.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.