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Indian Bank Launches ‘IB SAATHI’ To Enhance Financial Inclusion Services

Public sector Indian Bank on Saturday( 16 September 2023) announced roll out of 'IB SAATHI' initiative aimed at providing an integrated ecosystem for all stakeholders in the financial sector through the business correspondent route.

  • The IB Sustainable Access and Aligning Technology for Holistic Inclusion (SAATHI) offers an enhanced user experience through the simplified delivery of services, encompassing both basic and value-added offerings to customers.
  • The bank's Managing Director and CEO S L Jain launched the initiative at their corporate office, a press release said. 
  • Indian Bank, with the launch of the scheme, seeks to provide basic banking services at all centres for a minimum of four hours per day at fixed branches while the Banking Correspondents would extend their services directly at the doorsteps of the customers.

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