With the Indian bank having a full-service international branch in Singapore and branches in Colombo and Jaffna (Sri Lanka), it has now received board approval to open a representative office in Dubai.

The bank hopes to leverage the Indian diaspora across the Middle East by expanding its overseas operations. The Indian Bank’s board has given its approval and the bank is in the process of seeking other regulatory approvals for the representative office in Dubai.

Indian Bank MD and CEO Binod Kumar told the press during an interactive session that the bank was exploring the possibility of having a presence in Malaysia and Indonesia.

“We are getting good business from our GIFT City branch, including participation in various syndicated loans… my aim now is to open a rep office in Dubai. We have a good number of non-resident Indians settled in Dubai and about 33% of the working population is Indian,” he said.

In India, the Indian Bank plans to add 100 branches this year, increasing its presence in the central and western parts of the country.

“Last year, we opened 100 branches. This year too we have similar plans. Just on August 15, which was our foundation day, the bank inaugurated 15 branches across the country,” Kumar added.

The Indian Bank reportedly has 6,003 domestic branches as of June 30, 2026. – editor@nrifocus.com