Indian Bank - Company Profile
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Indian Bank (IB) is a provider of banking and financial solutions. The bank's main activities include offering savings and current accounts, as well as providing loans for personal, housing, MSME, vehicle, farming, professional, and educational needs. Its major products and services include credit and debit cards, insurance coverage, foreign exchange, cash management, and online trading. IB acts as an insurance agent, providing bancassurance coverage for life, home, health, education, old age, and personal accidents. The bank serves a diverse customer base across various industries, including individuals, businesses, and professionals. It operates through a network of domestic and international branches, including locations in Singapore, Colombo, and Jaffna. Its geographic presence extends to rural, semi-urban, urban, and metropolitan areas. IB is headquartered in Chennai, Tamil Nadu, India.
Headquarters
India
Address
Pb No: 5555, 254-260, Avvai Shanmugam Salai, Royapettah, Chennai, Tamil Nadu, 600014
Website
www.indianbank.in
Telephone
91 44 28134300
No of Employees
40,161
Industry
Financial Services
Ticker Symbol & Exchange
INDIANB (NSE)
Revenue (2024)
$9.0B
12.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2025)
XYZ
33.8%
(2025 vs 2024)
Market Cap*
$11.7B
Net Profit Margin (2024)
XYZ
19.2%
(2025 vs 2024)
* As of and is in US$
Indian Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits: | Financial Planning |
| Term | Online Trading |
| Fixed | Mobile Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In September, the bank migrated its website domain to .bank.in domain. |
| 2025 | New Products/Services | In July, the bank introduced Senior Konnect, a virtual branch for senior citizens. |
| 2025 | New Products/Services | In May, the bank introduced premium debit cards for NRIs and NRE savings account variants. |
Competitor Comparison
| Key Parameters | Indian Bank | Canara Bank | Bank of Baroda | Bank of India | IndusInd Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Chennai | Bangalore | Baroda | Mumbai | Mumbai |
| State/Province | Tamil Nadu | Karnataka | Gujarat | Maharashtra | Maharashtra |
| No. of Employees | 40,161 | 81,260 | 75,008 | 50,564 | 44,974 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Binod Kumar | Director; Managing Director; Chief Executive Officer | Executive Board | 2025 | - |
| Brajesh Kumar Singh | Director | Executive Board | 2024 | - |
| Shiv Bajrang Singh | Director | Executive Board | 2023 | - |
| Mini T M | Director | Executive Board | 2026 | - |
| Ashutosh Choudhury | Director | Executive Board | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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