Indbank Merchant

Indbank Merchant Banking Services is a financial services company and a subsidiary of Indian Bank, engaged in providing a variety of investment solutions. The company's approach to governance is rooted in a commitment to fairness, transparency, accountability, and ethics in all aspects of its operations. Its Corporate Social Responsibility policy is driven by the goal of making a visible and lasting difference in the lives of disadvantaged communities. Core business activities include stock broking in equity and derivatives, depository participant services with NSDL and CDSL, and merchant banking. Additionally, it is registered with the Association of Mutual Funds of India (AMFI) for the distribution of various mutual fund products. In the last financial year, the company's stockbroking division achieved a turnover of ₹12,067.72 crores by catering to both institutional and retail clients.;