Indian Bank (INDIANB.BO)
Indian Bank operates in the Banks - Regional industry of the Financial Services sector, headquartered in Chennai, TN, IN. The stock last traded at $890.50, up 1.02% on the session, giving a market capitalisation of $1.21T. Its beta of 0.29 implies it has historically moved less than the broad market.
Indian Bank is a prominent financial institution that delivers a wide array of banking services and products. Its offerings encompass various deposit options, such as standard savings and current accounts, fixed-term deposits, and specialized accounts tailored for Non-Resident Indians (NRIs). The bank also provides diverse lending solutions, including loans for agriculture, group financing, personal and individual needs, Micro, Small & Medium Enterprises (MSMEs), corporate entities, education, and specific credit products for NRIs. Beyond traditional banking, Indian Bank offers contemporary digital products, facilitates Applications Supported by Blocked Amount (ASBA), provides centralized pension processing services, and administers government schemes designed to offer interest subsidies. The bank's extensive operational network includes numerous branches located throughout India and abroad, supplemented by a wide presence of ATMs and BNA (Bank Note Acceptor) machines. Indian Bank was founded in 1907 and is headquartered in Chennai, India.
Indian Bank is most often compared with the following Financial Services names: