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(C. Year) Global Business crossed Rs 11.33 lakh Crores. |
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