Indian Bank

Indian Bank
Company typePublic
BSE532814
NSEINDIANB
IndustryBanking, Financial services
Founded15 August 1907 (1907-08-15)
FounderS. Rm. M. Ramaswami Chettiar
HeadquartersChennai, India
Number of locations
  • 5,922 Branches
  • 5,466 ATMs & BNAs
Key people
Binod Kumar
(MD & CEO)
ProductsConsumer Banking
Corporate Banking
Finance and Insurance
Mortgage Loans
Investment banking
Merchant banking
Private equity
Private banking
Savings
wealth management
Credit cards
Revenue 71,225 crore (US$8.4 billion) (2025)
18,998 crore (US$2.2 billion) (2025)
10,918 crore (US$1.3 billion) (2025)
Total assets 895,503 crore (US$110 billion) (2025)
OwnerGovernment of India (73.84%)
Number of employees
39,778
Subsidiaries1. Indbank Merchant Banking Services Limited (64.84%)

2. Indbank Housing Limited

3. Indbank Global Support Services Limited (100%)

4. Universal Sompo General Insurance (Joint Venture 28.52%)
Capital ratioCRAR 17.80%
Rating
  • S&P BBB− / Positive / A-3*/
Websiteindianbank.bank.in

Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. Since 1969, the Government of India has owned the bank. It is under the jurisdiction of the Department of Financial Services within the Ministry of Finance.

It has 39,778 employees, 5,922 branches with 5,466 ATMs and Cash deposit machines. It has overseas branches in Colombo and Singapore including foreign currency banking units in Colombo and Jaffna. It has 227 overseas correspondent banks in 75 countries. Allahabad Bank merged with Indian Bank on 1 April 2020, making it the seventh largest bank in India.