Last 136.40 INR
Change Today -8.05 / -5.57%
Volume 448.5K
INBK On Other Exchanges
Natl India
As of 7:06 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

indian bank (INBK) Snapshot

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52 Week High
05/26/14 - 199.20
52 Week Low
09/4/13 - 61.50
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Current Stock Chart for INDIAN BANK (INBK)

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indian bank (INBK) Details

Indian Bank offers corporate/wholesale, retail, treasury, and other banking services primarily in India. The company provides deposit products, including savings and current accounts, fixed deposits, re-investment plans, facility deposits, recurring deposits, term deposits, foreign currency accounts, and savings certificates. It also offers home loans, home improvement loans, vehicle loans, mortgages, reverse mortgages, plot loans, loans/overdrafts, pension loans, educational loans, NRI loans, and agriculture loans; and net banking, mobile banking, phone banking, credit cards, ATM/debit cards, foreign exchange, and depository services. In addition, the company provides wealth management services, including mutual funds, life and general insurance, retirement solutions, demat accounts, and online stock trading platforms. As of March 31, 2013, it operated 2,250 branches comprising 640 rural, 612 semi urban, 568 urban, and 430 metropolitan branches, as well as 28 extension counters, 21 satellite offices, 1 collection counter, 50 rural banking service centers, and 1 forex bureau. The company also operates 2,123 ATMs, which include 511 offsite ATMs and 86 Biometric ATMs; 1407 ultra small branches in villages; and 3 foreign branches in Singapore, and Colombo and Jaffna in Sri Lanka. Indian Bank was founded in 1907 and is headquartered in Chennai, India.

19,429 Employees
Last Reported Date: 06/6/14
Founded in 1907

indian bank (INBK) Top Compensated Officers

Chairman, Managing Director, Chief Executive ...
Total Annual Compensation: 2.5M
Executive Director, Member of Share Transfer ...
Total Annual Compensation: 2.0M
Executive Director, Member of Share Transfer ...
Total Annual Compensation: 797.0K
Compensation as of Fiscal Year 2014.

indian bank (INBK) Key Developments

Government of India Nominates Sanjay Maken as Part-Time Non-Official Director of Indian Bank

Indian Bank announced that Shri Sanjay Maken was nominated by Government of India as part-time non-official Director on the Board of the Bank for a period of three years from the date of notification of his appointment i.e. August 11, 2011. Upon completion of his term, Shri Sanjay Maken ceases to be a Director of the Bank with effect from August 11, 2014.

Indian Bank to Open 108 Branches on August 15, 2014

Indian Bank plans to extend its network further by opening 108 branches on August 15, 2014 to commemorate the founding day of the Bank.

Indian Bank Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Indian Bank reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, on standalone basis, the company's total income was INR 41,440.124 million compared with INR 41,954.776 million a year ago. Operating profit before provisions and contingencies was INR 6,369.988 million compared with INR 8,592.939 million a year ago. Profit from ordinary activities before tax was INR 3,113.825 million compared with INR 4,911.684 million a year ago. Net profit for the period was INR 2,071.597 million or INR 4.46 per basic and diluted share before and after extraordinary items compared with INR 3,173.913 million or INR 7.14 per basic and diluted share before and after extraordinary items a year ago. Return on assets was 0.45% against 0.76% a year ago.


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Price/Earnings 3.6x
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Price/Cash Flow 3.8x
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