Indian Bank
| Company type | Public |
|---|---|
| BSE: 532814 NSE: INDIANB | |
| Industry | Banking, Financial services |
| Founded | 15 August 1907 |
| Founder | S. Rm. M. Ramaswami Chettiar |
| Headquarters | Chennai, India |
Number of locations |
|
Key people | Binod Kumar (MD & CEO) |
| Products | Consumer 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) |
| Owner | Government of India (73.84%) |
Number of employees | 39,778 |
| Subsidiaries | 1. 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 ratio | CRAR 17.80% |
| Rating |
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| Website | indianbank |
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.