Recently Indian Bank has inaugurated a new branch in Namakkal. The bank has opened the 30th new branch in the district in Pon Nagar on Salem Main Road. The District Collector Mr. V. Dakshinamoorthy inaugurated the new branch.
At the occasion it was reported that bank this aims to have a business of Rs 3 lahk crore. Last year bank had a business of Rs 2.86 lakh crore. At the inauguration ceremony P.R. Sundaram MP, K.P.P. Baskar MLA, Namakkal Municipality chairman R. Karikalan, Indian Bank Zonal Manager P. Thangavel, Branch Manager G. Murali were also present.