Banks / Indian Bank
Banks / Indian Bank
Managing Director & CEO, Indian Bank — in office since 16 January 2025. Began his banking career as a Management Trainee with Punjab National Bank in 1994 and brings over 30 years of banking experience; served as Executive Director of PNB (Nov 2022 – Jan 2025) overseeing Corporate Banking, Treasury, International Banking, Finance and Data Analytics before taking charge at Indian Bank. Holds a Post Graduate Diploma in Banking & Finance (NIBM), is a certified Financial Risk Manager (GARP, USA) and a CAIIB.
Like most public sector banks, Indian Bank's top executive holds the standard title MD & CEO, appointed by the Government of India on the recommendation of the Financial Services Institutions Bureau (FSIB).
| Name | Tenure | Notable Period |
|---|---|---|
| Shanti Lal Jain | Sep 2021 – Dec 2024 | Steered post-merger integration with Allahabad Bank; sharp GNPA reduction and record profitability |
| Padmaja Chunduru | Oct 2018 – Aug 2021 | Led the amalgamation of Allahabad Bank into Indian Bank (effective 1 April 2020); one of the first women MD & CEOs of a PSB |
| Kishor Kharat | Apr 2017 – Aug 2018 | Brief tenure before lateral transfer to IDBI Bank as MD & CEO |
24×7 balance enquiry, unauthorised transactions, card blocking, complaints
Retail Domestic Term Deposit rates below are fetched live from Indian Bank's official rates page where possible. If the live fetch is unavailable, the last published rates are shown instead.
| Metric | FY 2025-26 (Mar 2026) | FY 2024-25 (Mar 2025) | FY 2023-24 (Mar 2024) | FY 2022-23 (Mar 2023) |
|---|---|---|---|---|
| Net Profit (Full Year) | ₹12,156 Cr | ~₹11,262 Cr | ₹8,063 Cr | ₹5,282 Cr |
| Total Deposits | ₹8.30 Lakh Cr | ₹7.37 Lakh Cr | ₹6.88 Lakh Cr | ~₹6.21 Lakh Cr |
| Total Advances (Gross) | ₹6.68 Lakh Cr | ₹5.88 Lakh Cr | ₹5.34 Lakh Cr | ₹4.74 Lakh Cr |
| Total Business | ₹14.98 Lakh Cr | ~₹13.25 Lakh Cr | ~₹12.22 Lakh Cr | ~₹10.95 Lakh Cr |
| Gross NPA Ratio | 1.98% | 3.09% | ~4.00% | 5.95% |
| Net NPA Ratio | 0.15% | ~0.19% | ~0.43% | 0.90% |
| CRAR (Capital Adequacy) | 17.93% | 17.94% | 16.44% | 16.49% |