Indian Bank

Prominent Indian commercial bank, Indian Bank operates from its headquarters of Chennai and the 1923 branches spread of all parts of the country. More than 22000 employees serve Indian Bank of its different branches that are well linked through computerized core banking system.

Foundation of Indian Bank of 1907 by Annamalai and Ramaswami Chettiar was an outcome of the Swadeshi movement. This bank is a major public sector Indian bank with overseas operation of Colombo and Singapore and active banking association with 229 correspondent banks spread over 69 countries that turn it a global entity.

When Indian government chose 13 banks for nationalization on July 19, 1969, Indian Bank was one amongst them. Recent records indicated Indian Bank crossing mark of Rs.1,81,530 Crores of current results with operating profit gain Rs. 3291.68 Crores and net profit increase Rs.1714.07 Crores.

Indian Bank is involved of diversified banking activities through Indbank Merchant Banking Services Ltd, IndBank Housing Ltd and IndFund Management Ltd.

Indian Bank has 1180 ATMs of various parts of the country. It offers each of its customers completely innovative Internet and Tele Banking facilities besides cash management, depository services, credit cards and electronic funds transfers amongst others.

This bank is known of the country for its pioneering role of rural development and guiding the Self Help Groups and Financial Inclusion Projects.

Indian Bank Details:

IFSC Code of Banks of India