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Indian Bank competitors & alternatives

INDIANBBankingIndia

The 12 closest competitors and alternatives to Indian Bank among banking companies — ranked by similarity to what Indian Bank actually does, not by market-cap band.

20,140Employees
12Competitors listed

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About Indian Bank

Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. Since 1969, the Government of India has owned the bank. It is under the jurisdiction of the Department of Financial Services within the Ministry of Finance.

Indian Bank at a glance

Indian Bank is a banking company headquartered in India, founded in 1907. Xcout tracks 10 named people at Indian Bank, including Binod Kumar (MD & CEO).

Indian Bank leadership

  • Binod KumarMD & CEO
  • ASHUTOSH CHOUDHURYExecutive Director
  • Brajesh Kumar SinghExecutive Director
  • Mini T MExecutive Director
  • Shiv Bajrang SinghExecutive Director
  • Bhupinder Singh BhallaShareholder Director

4 more named people on record for Indian Bank, with roles, board committees and tenure — see the full roster →

Top 12 Indian Bank competitors

Ranked by semantic similarity — how close each company is to Indian Bank by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.

Indian Overseas BankIOB · BankingChennai, India
73% matchPublic

Similar banking company

Established in Chennai, India, in 1937, Indian Overseas Bank provides a comprehensive suite of banking and financial services, operating both domestically and in select international markets. Its core activities are divided across distinct segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and other specialized banking operations. The bank caters to diverse deposit requirements, offering demand, savings, current, fixed, and term accounts, in addition to foreign currency facilities for non-residents. Its extensive lending products include financing for homes, vehicles, jewelry, personal needs, education, agriculture, corporate endeavors, and reverse mortgages, alongside loans against property and dedicated support for micro, small, and medium enterprises. Beyond traditional accounts and loans, IOB also issues debit, credit, and prepaid cards, manages NRI services, offers agricultural and rural banking solutions, provides merchant banking facilities, enables various payment methods, and delivers robust internet banking platforms. The institution further extends its offerings to include a variety of insurance products, such as health, property, home, motor, and general coverage. As of March 31, 2022, the bank commanded a substantial presence in India with 3,214 branches, 3,355 ATMs, and 2,659 business correspondents, complemented by four overseas branches located in Singapore, Hong Kong, Colombo, and Bangkok.

Market cap$6.8B
Employees21,034
Indian Overseas Bank competitors & alternatives →
Industrial Bank Co.,Ltd.601166 · BankingFuzhou, China
64% matchPublic

Similar banking company

Industrial Bank Co., Ltd., established in 1988 and headquartered in Fuzhou, People's Republic of China, operates as a comprehensive financial institution providing a broad spectrum of banking and diversified financial services. Its core banking activities in China encompass accepting deposits from the public, offering various loan types (short, medium, and long-term), and managing both domestic and international settlement operations. The bank is also involved in issuing financial instruments such as discount and financial bonds, processing acceptance bills and notes, and acting as an agent for bond issuance and encashment. It actively participates in capital markets through underwriting and trading government bonds, debentures, financial bonds, and other marketable securities (excluding equities). Additional fundamental services include asset custody, inter-bank lending, and foreign exchange transactions encompassing trading, settlement, and sales. Beyond these traditional offerings, Industrial Bank provides a full suite of customer-centric services. These include bank card services, agency trading, letters of credit and guarantee, remittance facilities, and serving as an insurance agent. Customers can also access safety deposit boxes, receive financial advisory, and utilize credit investigation, advisory, and attestation services. The institution further supports modern banking needs with extensive digital platforms, including debit and credit cards, internet banking, and mobile banking services. Through its network of subsidiaries, Industrial Bank extends its reach into diverse specialized financial sectors. This includes finance leasing, trust services, fund raising and marketing, comprehensive asset management, and consumer finance. The group also engages in strategic equity and industrial investments, alongside providing expert investment management, advisory, and consulting services. Further specialized areas cover financial, business, and enterprise management consulting; sophisticated financial data processing; brokerage services for commodity and financial futures; futures investment consulting; and economic information consulting. The company even contributes to technological infrastructure through application software development and system integration. Moreover, the bank is actively involved in broader financial health management, including the acquisition, transfer, and disposal of non-performing loans (bad debts) from both financial and non-financial entities. It also develops and distributes a variety of wealth management products and offers related consulting and advisory services.

Market cap$55.3B
Employees68,963
Industrial Bank Co.,Ltd. competitors & alternatives →
City Union Bank LimitedBankingKumbakonam, India
64% match

Similar banking company

City Union Bank Limited (CUB.NS) is an Indian financial institution that delivers a broad spectrum of banking products and services to individual and corporate clients nationwide. The bank's operations are strategically divided into four primary segments: Treasury, Corporate, Retail Banking, and Other Banking Operations. Its offerings include a variety of deposit accounts such as savings, current, and salary options, alongside diverse fixed, flexible, recurring, and tax-saving deposits, complemented by specialized non-resident Indian (NRI) banking solutions. CUB provides an extensive suite of lending products, encompassing consumer, two and four-wheeler, home, educational, personal, and agricultural gold loans, as well as working capital, easy business, foreign currency, agricultural term, and small road transport operator loans. Additionally, it offers credit facilities like cash credits, bank guarantees, letters of credit, bills finance, and gold-based overdrafts. The bank also supports international commerce through services such as export and import financing, remittances, correspondent banking, and treasury risk management. Beyond traditional banking, City Union Bank offers essential auxiliary services, including safe deposit lockers, a widespread network of automated teller machines (ATMs) and bulk note recyclers, cash deposit machines, point-of-sale (POS) terminals, dematerialized (demat) accounts, and insurance products. Customers can also access debit, prepaid, and credit cards. Furthermore, the bank utilizes technology to provide modern banking solutions like cash management, government payment processing, National Electronic Fund Transfer (NEFT), Immediate Payment Service (IMPS), Real Time Gross Settlement (RTGS), National Automated Clearing House (NACH), and various other digital services. As of March 31, 2022, City Union Bank boasted a substantial physical presence with 727 branches, 1,732 ATMs (including 789 bulk note recycler machines), 610 passbook kiosks, and 589 cheque deposit kiosks. Founded in 1904, the bank was initially known as The Kumbakonam City Union Bank Limited until its rebranding to City Union Bank Limited in November 1987, maintaining its base in Kumbakonam, India.

Valuation—
Employees—
City Union Bank Limited competitors & alternatives →
ICICI BankIBN · Banking, Financial ServicesMumbai, India
63% matchPublic

Banking, Financial Services

ICICI Bank Limited, a prominent financial institution with its various subsidiaries, delivers a comprehensive suite of banking and financial solutions. These services cater to both individual consumers (retail) and corporate entities, spanning operations across India and global markets. Its business activities are organized into distinct segments: Retail Banking, Wholesale Banking, Treasury operations, other banking functions, Life Insurance, and additional miscellaneous areas. The bank facilitates a wide array of deposit options, accommodating diverse account types such as savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts. Furthermore, it offers various deposit schemes, including time, fixed, recurring, and security deposits. ICICI Bank extends a broad spectrum of credit facilities. For individuals, these encompass financing for homes, automobiles, two-wheelers, personal needs, and gold, alongside commercial business loans and loans secured against various assets. Businesses benefit from offerings such as working capital finance, term loans, collateral-free credit, loans for entities without traditional financial records, import/export financing, and overdraft facilities. Additionally, the bank supports new businesses and provides loans based on card swipe transactions. Its card portfolio encompasses credit, debit, prepaid, travel, forex, and corporate cards. Digital solutions include the Pockets wallet. The bank also deals in fixed income instruments and a variety of investment products, such as mutual funds, gold monetization schemes, initial public offerings (IPOs), and other online investment platforms. Specific services target the agricultural and rural sectors, offering agri-business support, farmer finance, tractor loans, and micro-banking solutions. Beyond these, the institution delivers portfolio management, trade finance, foreign exchange services, locker facilities, specialized private and NRI (Non-Resident Indian) banking, and efficient cash management. It also supports family wealth management and dematerialized (Demat) accounts. For larger clients, it extends commercial and investment banking, capital market services, custodial services, and institutional banking. The bank facilitates access to various insurance products, including health, personal accident, fire, and motor insurance, and acts as a distributor for both general and life insurance policies. Customers can conveniently access banking services through internet, mobile, and phone channels. Through its various arms, ICICI Bank provides securities investment, broking, trading, and underwriting services. Its extensive offerings also cover merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, managing points of presence, and private equity/venture capital fund management. Established in 1955, the bank's headquarters are situated in Mumbai, India.

Market cap$106.3B
Employees187,765
ICICI Bank competitors & alternatives →
Punjab & Sind BankPSB · BankingNew Delhi, India
63% matchPublic

Similar banking company

Punjab & Sind Bank, an Indian financial institution established in New Delhi in 1908, offers a comprehensive range of banking and financial services throughout the country. Its operations are divided into four primary areas: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. Customers can access various deposit accounts, including savings, current, recurring, and fixed deposits. The bank provides an extensive array of lending products such as home, auto, education, personal, doctor, mortgage, business, and gold loans, in addition to specialized schemes like Sukhmoney for senior citizens and overdraft facilities. Beyond standard credit, Punjab & Sind Bank offers numerous non-fund-based services, including letters of credit, bank guarantees, co-acceptance facilities, solvency certificates, credit reports, and debt restructuring. Supplementary services include locker facilities, government-sponsored programs, and both life and general insurance products. The bank prioritizes digital accessibility, providing internet and mobile banking, SMS alerts, Aadhaar seeding, point-of-sale services, UPI, RTGS, NEFT, ATM/debit cards, and online payment solutions. For international clients, it offers NRI schemes, export/import services, foreign exchange treasury operations, and resident facilities, alongside dedicated products for micro and small enterprises. With a substantial presence, Punjab & Sind Bank manages its network of 1,530 branches through 24 zonal offices.

Market cap$1.8B
Employees8,735
Punjab & Sind Bank competitors & alternatives →

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