Indian Bank
About Company
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 41,645 employees, 5,814 branches with 4,929 ATMs, and Cash deposit machines. The total business of the bank has touched ₹1,094,752 crores (US$140 billion) as of March 23, 2023.
The bank’s information systems and security processes are certified to meet ISO27001:2013 standards. 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, 2019, Allahabad Bank merged on April 1, 2020, making Indian Bank the seventh largest bank in the country.
