Tuesday, 10 April 2012

Indian Bank

  Unknown       Tuesday, 10 April 2012

Indian Bank
Type
Public
Industry
Banking
Founded
1907
Headquarters
Chennai, India
Key people
T.M.Bhasin (Chairman & MD)
Revenue
INR9362.78 Crores ~ $1.95 BILLION(2010-11)
Employees
19,632
Website

Indian Bank is a major Indian Commercial Bank headquartered in Chennai (Madras), India. It has 22,000 employees, 1923 branches  and is one of the big public sector banks of India. The Government of India nationalized the bank, along with 13 other major commercial banks, on 19 July 1969. Indian Bank is one of the most secured bank which implements highest security standards in each and every section of banking sector. Indian bank  Established on 15 August ,1907.Indian bank was founded by Annamalai and Ramaswami Chettiar in 1907. This was in response to the financial crash faced by two leading trading companies in Madras, Arbuthnot's and Binny's. Indian Bank Trade as (BSE: 523465, NSE: INDIANB)
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