Public sector lender Indian Bank has been awarded with the ''CNBC-TV18 Special Jury Award'' recently.

The bank got the award at the CNBC-TV 18 Best Bank and Financial Institution awards for FY2011 in the category of mid sized banks.

The award was given to CMD of the bank, Mr T M Bhasin by Union Minister of Corporate Affairs, Mr Veerappa Moily.

The bank got selected on the basis of complex evaluation in terms of profitability, growth and capital ratios, said the bank.