Total Networth
627.39 Cr.
Established in March 1907, Indian Bank is one of the oldest public sector banking institutions in India. With over 5,728 domestic branches and 3 overseas branches, Indian Bank is well-connected and accessible to a large majority of the Indian populace. In addition to providing a host of banking products and services, Indian Bank also invests in various Indian companies. As of February 2024, the total net worth of the bank’s Indian investments stands at around Rs. 520 crores. Textiles, cement & construction, food, beverages & tobacco, banking & finance, and telecommunications equipment are the top sectors that the bank has invested in. Its major holdings are in SEPC Ltd., Indbank Merchant Banking Services Ltd., Bajaj Hindusthan Sugar Ltd., and GTL Infrastructure Limited.
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