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1907

· Bank was incorporated on March 5, 1907 with an Authorized Capital of Rs 20 lakhs and commenced its business on August 15, 1907.

· In the year 1907, the Indian Bank Ltd. had the tree ‘Banyan’ as a part of its emblem denoting an all-around progress, growth (far and wide) and an ever-increasing prosperity.

1921

· Bank’s capital was raised to Rs 60 lakhs from Rs 20 lakhs.

1932

· Bank celebrated its Silver Jubilee.

· Bank opened its first overseas operations in Colombo.

1941

· Singapore branch was opened.

1957

· Bank celebrated its Golden Jubilee.

1967

· Bank celebrated its Diamond Jubilee.

1978

· Bank’s logo comprising of three circling arrows arranged around a central point was approved.

1982

· Bank celebrated its Platinum Jubilee.

1990

· Bank of Thanjavur Ltd. (BoT) with 157 branches was amalgamated with the Bank.

2006

· The centenary year celebration was inaugurated by His Excellency the President of India Shri. A P J Abdul Kalam on 4th September.

2007

· Bank went in for Initial Public Offer in February 2007.

2008

· Achieved 100 per cent Core Banking Solutions (CBS) compliant.

2019

· Tamil Nadu Grama Bank’ commenced operations on 1st April 2019 after a successful amalgamation of Pandyan Grama Bank of Indian Overseas Bank with Bank’s Pallavan Grama Bank.

· Government of India announced Amalgamation of Allahabad Bank – a bank with 155 years legacy into Indian Bank.

2020

· Bank commenced its operation as an amalgamated entity from 1st April 2020. The integration of CBS systems of both the Banks was completed on 14.02.2021.

2022

· Bank’s Global Business surpassed Rs 10 lakh Crores.

2023

· Bank’s Global Business was at Rs 10.95 lakh Crores.

2024

· Bank’s Global Business surpassed ₹12 lakh Crore

Q2FY25

· Bank’s Global Business stood at ₹12.44 lakh Crore

 

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