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848.40002 INR
18.45
2.22%
Last update May 5, 3:29 PM IST
Market closed
Day range
818.099976
852
Previous close
829.95001
Open
827.29999
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Indian Bank
848.40
18.45
2.22%

Overview

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Description

Indian Bank is a major player in the banking sector, providing a comprehensive range of financial services. This institution is primarily engaged in offering banking solutions, encompassing retail banking, corporate banking, and commercial loans. Its retail bank offerings include savings accounts, personal loans, and credit cards, catering to individuals and households across India. Meanwhile, the corporate banking division serves small and medium enterprises, as well as large corporations, with services like cash management, trade finance, and working capital loans. Indian Bank is also involved in agricultural banking, supporting India's crucial agrarian economy with specialized financial products. Operating under a network of extensive branches and ATMs, Indian Bank plays a vital role in increasing financial inclusion across urban and rural areas. The bank’s significant contributions to sectors such as infrastructure development, housing, and education finance underscore its commitment to serving a diverse clientele while promoting economic growth. Established in 1907 and headquartered in Chennai, Indian Bank’s long-standing presence and adaptation to digital banking trends highlight its importance in India's financial landscape, making it a key institution in facilitating transactions and providing capital for economic progression.

About

CEO
Mr. Binod Kumar
Employees
40071
Address
No. 254-260, Avvai Shanmugam Salai
Royapettah
Chennai, 600014
Phone
91 44 2813 4698
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
India
MIC code
XBOM
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