Indian Bank targets doubling BC outlets to 20,000 in 2 years

Indian Bank is planning to nearly double the number of its overall business correspondent (BC) outlets in the country to 20,000 in the next two years from 10,750 as on March end, the bank’s project head forselection of corporate business correspondents Sujay Kumar told FE.
“We are going to expose API (application programming interface) throughwhich alotof companies will be onboarded and a lot of financial services products willbe routed through BC points,” he said.