Public sector lender, Indian Bank is aiming for the establishment of a fully operational branch in Hong Kong.

The bank is soon going to put up a request for approval in this regard from regulator, Reserve Bank of India, said Mr T. M. Bhasin, Chairman and Managing Director, Indian Bank.

"Our strategy has always been to go to places where ethnic Tamil population are located. But we want to go to Hong Kong for purely commercial reasons. There is lot of activity (economic) happening between China and India.

"The same is true for Hong Kong and India. So Hong Kong operations can take care of our China business also", Mr Bhasin said.

"We are keen to offer both retail and corporate banking in Hong Kong", he said.

The bank is also seeing to open a branch in Indonesia. It is already in talks with Indonesian Central Bank in this regard. The bank has received approval from RBI to get into talks with Indonesian Central Bank.