Topic summary
Indian Bank

Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. Since 1969, the Government of India has owned the bank. It is under the jurisdiction of the Department of Financial Services within the Ministry of Finance.
It has 40,161 employees, 6,001 branches with 5,657 ATMs and Cash deposit machines. It has overseas branches in Colombo and Singapore including foreign currency banking units in Colombo and Jaffna. It has 227 overseas correspondent banks in 75 countries. Allahabad Bank merged with Indian Bank on 1 April 2020, making it the seventh largest bank in India.