Indian Bank Launched Digital Broking Solution 'E-Broking'

Indian Bank Launched Digital Broking Solution ‘E-Broking’

Indian Bank, a public sector bank, has introduced its digital broking solution – ‘E- Broking’, as a strategic move toward comprehensive digitalisation of its customer products.

Indian Bank, a public sector bank, has introduced its digital broking solution – ‘E- Broking’, as a strategic move toward comprehensive digitalisation of its customer products. E-Broking, an instant and paperless demat & trading account opening service, is now available through the bank’s mobile banking app, IndOASIS. The product was introduced in collaboration with Fisdom, the bank’s financial technology partner.

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Highlights:

The E-Broking initiative will assist the bank in increasing its CASA (Current Account Savings Account).
This initiative also enables the customers to invest in the ongoing Life Insurance Corporation of India (LIC) Initial Public Offering (IPO) effectively.
IndOASIS, the bank’s mobile banking app, would provide users with a unified experience ranging from Demat and trading account opening to reduced broking services backed by research-based investment in the secondary market, starting with equity, futures, options, and initial public offerings on a single platform.

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