Indian Bank, country’s public sector lender has introduced an ‘Indian Bank Self Employment Training Institute ' in Tiruvallur district near Chennai to pass on skill development training to the rural people to facilitate them to take on self-employment ventures. It has also set up a Financial Literacy and Credit Counselling Centre.
During the function, the villagers were sensitized to the uses of smart cards and also of opening bank accounts. They were also told how to avail themselves of the facilities offered by the local banking correspondent.
Indian bank’s net profit for the second quarter has increased marginally by 12.73% at Rs 468.69 crore as compared to Rs 415.77 crore for the corresponding quarter of the last year. The bank’s total income has surged 31.96% at Rs 3377.13 crore for the quarter under review as compared to Rs 2559.28 crore for the second quarter of the previous year.
