Indian Bank
Indian Bank is a public sector bank incorporated on 5 March 1907 and commencing business 15 August 1907, which commenced operations as amalgamated entity with Allahabad Bank from 1 April 2020. Its global business was at Rs 13.25 lakh crore.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →Indian Bank is a public sector bank incorporated on 5 March 1907 and commencing business 15 August 1907, which commenced operations as amalgamated entity with Allahabad Bank from 1 April 2020. Its global business was at Rs 13.25 lakh crore.
What happened
Indian Bank states it was incorporated on 5 March 1907 and commenced business 15 August 1907, amalgamated Bank of Thanjavur, and commenced operations as amalgamated entity with Allahabad Bank from 1 April 2020; global business was at Rs 13.25 lakh crore (source: Indian Bank official Bank Profile opened).
What we could not confirm
Employee count and capital adequacy as of FY2024-25 not confirmed from official pages opened, left null. Shareholding 73.84% per exchange holding data as on Mar 2025.