Welcome To Online Banking !

THE MISSION: to become the preferred provider of quality financial services in the country with profitability and responsibility and to be the best place to work.

THE BUSINESS: Online Banking is in its over 50 years of operation. It has a network of over 500 branches all over the country with business establishments in Europe and Middle East.

Online Banking has an edge over other local banks, as it was the first privatized bank. The State Bank of India has restricted the number of branches that can be opened by foreign banks, an advantage that Online Banking capitalizes because of its extensive branch network.

Ten years after privatization, Online Banking is now in a consolidation stage designed to lock in the gains made in recent years and prepare the groundwork for future growth. The bank has restructured its asset portfolio and rationalized the cost structure in order to remain a low cost producer.

Online Banking now focuses on three core businesses namely Corporate, Commercial and Consumer Banking. Corporate clientele includes public sector companies as well as large local and multi national concerns. Online Banking is also catering to the growing middle class by providing new asset and liability products. The Bank provides 24 hour banking convenience with the largest ATM network in India covering 22 cities with over 140 ATM locations. The Bank’s Rupee Traveller Cheques have been market leaders for the past six years and have recently launched their Gift Cheque Scheme.

Online Banking looks with confidence at year 2002 and beyond, making strides towards fulfillment of its mission, "to become the preferred provider of quality financial services in the country with profitability and responsibility and to be the best place to work".