Indian Overseas Bank
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Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 40,187 employees, 5,847 branches with 4,937 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,221,773 crore (US$150 billion) as of 31 March 2024.
List of banks in India - Wikipedia. This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934 and is insured by DICGC (subsidiary of RBI). [1] [2] Commercial banks. Public Sector Banks (PSBs) There are 12 public sector banks in India as of 1 July 2024. [3] Private-sector banks.
Home. > Departments. > History. A BRIEF HISTORY OF THE BANK SINCE ITS INCEPTION. 1907. Bank was incorporated on March 5, 1907 with an Authorized Capital of Rs.20 lakh and commenced its business on August 15, 1907. 1932. Bank celebrated its Silver Jubilee. Bank opened its first overseas operation in Colombo in 1932.
Banking in India - Wikipedia. Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. [1] [2] [3] [4]
Bank’s Profile. A BRIEF HISTORY OF THE BANK SINCE ITS INCORPORATION. 1907. · Bank was incorporated on March 5, 1907 with an Authorized Capital of Rs 20 lakhs and commenced its business on August 15, 1907.
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue and maintaining supply of the Indian rupee.
55. Indian Bank History. BSE: 532814 | NSE: INDIANBEQ | IND: Banks - Public Sector | ISIN code: INE562A01011 | SECT: Banks. The Company History page lists out the major events in chronological order for Indian Bank. Company History - Indian Bank. YEAR EVENTS. 2000 - Mrs. Ranjana Kumar assumed charge as the Chairperson and Managing.
