Indbank Merchant Banking Services Ltd has announced that the Bank has opened a new branch office at Madurai. The branch was Inaugurated on March 16, 2007 by Shri. M S Sundara Rajan, Executive Director, Indian Bank In the presence of Shri. S Annadurai, President and Whole Time Director, the Bank, Shri. P Arivanandam, Deputy General Manager, Indian Bank, Madural Circle Shri. P Mugundan, Vice President (Finance) & Company Secretary, the Bank and Shri. B Sai Prakash, Branch Head, the Bank, Madurai.