Indian Bank plans to open a representative office in Dubai to expand its foreign operations, according to reports from multiple outlets. The move follows board approval and is part of the lender’s broader growth plans abroad.
The bank is also exploring potential presence in Malaysia and Indonesia. While the Dubai office is specifically highlighted, outlets describe it as one element of a wider international expansion strategy, with additional markets under consideration.
Alongside the foreign plans, NDTV reports the bank intends to add 100 new domestic branches and hire about 2,500 people, indicating parallel domestic expansion. The Business Line note focuses more on the foreign-office expansion and the markets being considered, without detailing the domestic branch and staffing targets.
