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 branches 5762, ATMs & BNAs 5402, Business Correspondents 9224
Strong capital base: Total CRAR : 15.88% as on September 30, 2021 against Regulatory Requirement of 10.875%.
Net Profit of the Bank as on September 30, 2021 is Rs.1089 crore.
Book Value per share as on September 30, 2021 is Rs.277.88.
Total business of the bank as on September 30, 2021 is Rs. 937202 crore.
Government of India owns 79.85% of the shareholding.