Indian Bank is an Indian state-owned financial services company headquartered in Chennai, India. It has 20000 employees, 2400 branches and is one of the big public sector banks of India. It has overseas branches in Colombo, Jaffna, Sri Lanka, Singapore, and 229 correspondent banks in 69 countries. Since 1969 the Government of India has owned the bank, which celebrated its centenary in 2007.
A premier bank owned by the Government of India
• Established on 15th August 1907 as part of the Swadeshi movement
• Serving the nation with a team of over 19429 dedicated staff as on 31.03.2014
• Total Business crossed Rs.2,86,633 Crores as on 31.03.2014
• Operating Profit : Rs. 2,901 Crores as on 31.03.2014
• Net Profit : Rs.1,159 Crores as on 31.03.2014
• Core Banking Solution(CBS) in all 2250 branches as on 31.03.2014
International Presence
• Overseas branches in Singapore , Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna
• 240 Overseas Correspondent banks in 70 countries