Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India.

Voluntary Retirement Scheme (VRS) is a unique initiative and a bold attempt to accomplish an extremely complicated and arduous task, that of sending home over a Lakh of serving bank officers and employees, who formed part of these banks all the years, (extending fifteen or more), without creating least dissatisfaction to the affected employees or spreading an industrial unrest in the Banking Industry.

Bank profile:
Type Public
Traded as BSE: 532814
NSE: INDIANB
Industry Banking, Financial services
Founded 15 August 1907; 110 years ago
Headquarters Chennai, India
Key people kishore kumar kharat
(MD & CEO)
M K Bhattacharya & A S Rajeev
Executive Directors
Products Consumer Banking
Corporate Banking
Finance and Insurance
Mortgage Loans
Investment Banking
Merchant Banking
Private Equity
Private Banking
Savings
wealth management
Credit Cards
Revenue 16,243.78 crore (US$2.5 billion) (2016)
Operating income 3,032 crore (US$470 million) (2016)
Net income 711.38 crore (US$110 million) (2016)
Total assets 203,941.09 crore (US$32 billion) (2016)
Owner Government of India
Number of employees 20,924 (2017)
Capital ratio 13.20%