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 | ₹1,221,773 crore (US$140 billion) (2024) |
| Owner | Government of India (73.84%) |
Number of employees | 40,002(31st March 2025) |
| 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 17.94% |
| Rating |
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| Website | indianbank |
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 40,002 employees, 5,901 branches with 5,268 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,325,294 crore (US$160 billion) as of 31 March 2025.
The bank's information systems and security processes are certified to meet ISO27001:2013 standard. 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. Since 1969, the Government of India has owned the bank. As per the announcement made by the Indian Finance Minister Nirmala Sitharaman on 30 August 2019, Allahabad Bank merged on 1 April 2020, making Indian Bank the seventh largest bank in India.