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A premier Public Sector, Government of India Undertaking
Established on 15th August 1907 as part of the Swadeshi movement
Serving the nation with a team of over 19843 dedicated staff as on 31.03.2018
Total Business touched Rs.3,71,020 Crores as on 31.03.2018
Operating Profit : Rs.5000.99 Crores for the year ended 31.03.2018
Net Profit : Rs.1258.99 Crore for the year ended 31.03.2018
Core Banking Solution(CBS) in all 2820 domestic branches as on 31.03.2018
Information Systems & Security processes certified with ISO27001:2013 standard and is amongst very few Banks certified worldwide.
 

 

International Presence
Overseas branches in Singapore , Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna
227 Overseas Correspondent banks in 75 countries
   
Diversified banking activities -2 Subsidiary companies
Indbank Merchant Banking Services Ltd
IndBank Housing Ltd.
 
Indian Bank Mutual Fund
 
A front runner in specialised banking
99 Forex Authorised branches inclusive of Treasury Branch in Mumbai, exclusively for handling forex transactions arising out of Export, Import, Remittances and Non Resident Indian business
73 Specialised MSME Branches extending finance exclusively to MSME units
Project Appraisal and Debt Syndication (PA&DS) Cell has been operationalised at Corporate office under CO: Credit department
 
Leadership in Rural Development
Under Financial Inclusion Plan, Bank has been allotted 2975 Sub Service Areas (SSAs) under Pradhan Mantri Jan-Dhan Yojana (PMJDY). All the 2975 SSAs are provided with banking services by the Bank. Of these, 2517 SSAs are provided with banking services through Bank Mitrs (Business Correspondents) and 458 SSAs through Brick and Mortar branches already functioning in the SSAs.
Pioneer in introducing Self Help Groups and Financial Inclusion Project in the country
NABARD awarded Bank for being one among the two PSBs which has credit linked the largest number of SHGs during the 36th Foundation day celebration of NABARD at New Delhi on 11.07.2017
National Award for Best Performance in SHG Bank Linkages 2017 - 18 Public Sector Banks (Small Category) from Deendayal Antodaya Yojana - National Rural Livelihoods Mission (DAY - NRLM), Ministry of Rural Development, Government of India
Best Performer Award for Micro Finance activities in Kerala, Tamil Nadu and Union Territory of Puduchery from NABARD
Makers of Excellence Leadership Award from PFRDA to MD & CEO Shri Kishor Karat for exemplary performance under APY during 2017-18
Transformative Leader Award to Executive Director Shri M.K.Bhattacharya from PFRDA during the National APY Conference held on 13th October 2017, at New Delhi
NABARD Award for Financial Literacy: Under Financial Literacy initiatives, Bank has eleven Financial Literacy Centres operating in Tamil Nadu.1924 awareness camps were conducted and 1.90 lakhs people benefitted so far under various literacy programmes on priority sector lending, other Bank deposit products, social security schemes and Digitalization
Awarded Third Prize for the year 2014 - 15 during RSETI DIWAS at New Delhi, under "C" category Banks in recognition of the "Leadership, direction and support" given to the RSETIs (INDSETIs) by the Bank
Established 39 specialized exclusive Microfinance branches called "Microsate" across the country to cater the needs of Urban poor through SHG (Self Help Group)/JLG (Joint Liability Group) concepts
Harnessing ICT (Information and Communication Technology) for Rural Development and Inclusive Banking
Pioneer in introducing Self Help Groups and Financial Inclusion Project in the country
MoU entered with National Small Industries Corporation (NSIC) to focus on MSME Segment . Specialised verticals for MSME and Mid corporate segment is operationalised. IND MSME and Mid corporate branches are opened.
 
A pioneer in introducing the latest technology in Banking
100% Core Banking Solution(CBS) Branches
100% Business Computerisation
Automated Teller Machines(ATM) and Bunch Note Acceptors (BNAs) 3399 as on 31.03.2018
24 x 7 Service through more than 2,36,835 ATMs under shared network
Internet and Tele Banking services to all Core Banking customers
e-payment facility for Corporate customers
Cash Management Services
Depository Services
Reuter Screen, Telerate, Reuter Monitors, Dealing System provided at Treasury Branch, Mumbai
I B Credit Card Launched
I B Prepaid Cards Launched (GIFT Card, International Travel Card)
Aadhar Enabled Payment System (AEPS) through Business Correspondents.
Rupay Debit card payments enabled through Business Correspondents.
Customised design image card and Green pin for debit cards.
Green pin for debit cards and introduction of Rupay platinum card.
Launching of new products like statement of account through e-mail and M-Passbook facility is introduced to view the latest 50 transactions.
Bank has entered into a strategic tie-up with LIC of India for sale of Life Insurance Products and with United India Insurance Company Ltd., for sale of Non-Life Insurance Products
  Indian Bank has entered into a strategic tie-up with LIC of India . Click for details.
   
  Bank has entered into following Distribution Tie up with
   
UTI AMC: UTI Mutual Fund Products
Reliance Capital AMC: Reliance MF Products
SBI Funds Management Private Ltd.,
DSP Black Rock Mutual Fund Products
TATA Mutual Fund Products
  Bank has entered into a strategic tie-up for Group Credit Life coverage - M/s Kotak Life Insurance Company for home loan insurance and M/s PNB Metlife insurance for education loan borrowers
 
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