Nationalisation of Indian Bank

Hi buddy will you plz tell me in which year Indian bank was come under Nationalisation , if you know then plz let me know as my friend want to know ?

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


Nationalisation Of Indian Bank

Indian Bank Nationalisation year is 1969

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 7,370.16 crore (US$1.1 billion) (20170

Operating income 4,000.7 crore (US$620 million) (2017)

Net income 1,405.68 crore (US$220 million) (2017)

Total assets 218,233.15 crore (US$34 billion) (2017)

Owner Government of India

Number of employees 20,924 (2017)

Capital ratio 13.20%

__________________
Answered By StudyChaCha Member