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869.40002 INR
18.6
2.09%
Last update Apr 2, 3:29 PM IST
Market closed
Day range
844
874.099976
Previous close
888
Open
870.95001
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Indian Bank
869.40
18.60
2.09%

Overview

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Description

Indian Bank is a prominent financial institution that operates within the Indian banking sector. Established in 1907, it functions as a public sector bank providing a broad range of banking services. The primary purpose of Indian Bank is to offer financial solutions through its various products such as savings and current accounts, fixed deposits, loans, and credit facilities to individuals, SMEs, and larger corporations. Known for its robust branch network, Indian Bank has a significant presence across India, enabling it to cater to both urban and rural markets effectively. Additionally, the bank engages in international banking services to support trade finance and foreign exchange operations, underlining its role in facilitating global economic interactions. Indian Bank holds a significant position in India's financial infrastructure, contributing to economic development by promoting financial inclusion and serving as a key player in supporting government initiatives aimed at broadening the reach of banking services across diverse demographics.

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
XNSE
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