Indian Bank was incorporated on March 05, 1907 and nationalized in 1969.
First Public Sector Bank to install ATM at Harbour in 1989.
Went Public through Initial Public Offer (IPO) in February 2007.
Amalgamation of Allahabad Bank into Indian Bank became effective from April 01, 2020.
Total Domestic branches 5847, Overseas branches 4, ATMs & BNAs 4937, Business Correspondents 11297.
Strong capital base: Total CRAR : 16.44% as on March 31, 2024 against Regulatory Requirement of 10.875%.
Net Profit of the Bank as on March 31, 2024 is Rs.8063 Crore.
Book Value per share as on March 31, 2024 - Rs.352.58.
Total business of the bank as on March 31, 2024 - Rs.1221773 Crore.
Government of India owns 73.84% of the shareholding.
Investor Relations
- Indian Bank was incorporated on March 05, 1907 and nationalized in 1969.
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