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Indian Bank

Indian Bank to raise Rs 5,000 crore via infrastructure bonds

Indian Bank to raise Rs 5,000 crore via infrastructure bonds

Thu, Sep 26, 2024

The board approved raising of additional long-term infrastructure bonds aggregating up to Rs 5,000 crore over and above Rs 5,000 crore already raised by the bank in FY25, the bank said in a regulatory filing.

Which stocks including Indian Bank, ASK Automotive, Vedanta and BSE will be in focus today?

Which stocks including Indian Bank, ASK Automotive, Vedanta and BSE will be in focus today?

Thu, Sep 26, 2024

Which stocks including Indian Bank, ASK Automotive, Vedanta and BSE will be in focus today?, On the basis of which news there will be action in the market?, What are the important triggers for the market? Know here in Stock In News.

Which PSU Bank stocks to keep an eye on?

Which PSU Bank stocks to keep an eye on?

Mon, Sep 23, 2024

Will Bank Nifty do something amazing? Where to focus Nifty or Bank Nifty? Which PSU Bank shares should you keep an eye on? Know from Anil Singhvi

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Indian Bank eyes recovery of Rs 7,000 crore this financial year : MD & CEO

Indian Bank eyes recovery of Rs 7,000 crore this financial year : MD & CEO

Tue, Jul 30, 2024

The bank has also received the approval from the Reserve Bank of India and shareholders to raise Rs 5,000 crore which would be decided at an opportune time, the bank's Managing Director and CEO Shanti Lal Jain said here.

Indian Bank Q4 net profit jumps 55% to Rs 2,247 crore

Indian Bank Q4 net profit jumps 55% to Rs 2,247 crore

Mon, May 06, 2024

Total income increased to Rs 16,887 crore in March quarter of FY24, from Rs 14,238 crore in the fourth quarter of FY23.

Tata Power Solar Systems partners with Indian Bank to boost rooftops at residences

Tata Power Solar Systems partners with Indian Bank to boost rooftops at residences

Tue, Apr 23, 2024

Under the framework of the PM Surya Ghar Muft Bijli Yojana initiative, residential consumers can avail of loans up to Rs 2 lakh at an annual interest rate of 7 per cent, in compliance with government regulations.

Indian banks' profitability to remain resilient despite margin pressure: Fitch

Indian banks' profitability to remain resilient despite margin pressure: Fitch

Tue, Mar 26, 2024

Fitch believes there is room for banks to lower operating and credit costs to offset the impact, driven by cost control and increasing efficiency from digitalisation, and scope for impaired-loan ratios to fall further across most banks.

Brajesh Kumar Singh is new Executive Director, Indian Bank

Brajesh Kumar Singh is new Executive Director, Indian Bank

Sun, Mar 10, 2024

"...The Central Government vide Notification No 4/1(viii) dated March 9, 2024 appointed Brajesh Kumar Singh, Chief General Manager, Bank of Baroda as Executive Director of Indian Bank for a period of three years, with effect the date of assumption of office on or after March 10, or until further orders, whichever is earlier," Indian Bank said in a BSE filing on Sunday.

Indian Bank launches Rs 4,000-crore QIP; shares rise

Indian Bank launches Rs 4,000-crore QIP; shares rise

Wed, Dec 13, 2023

Indian Bank share price, Indian Bank QIP news: Indian Bank shares rose on Wednesday after the Chennai-headquartered public sector bank launched a qualified institutional placement (QIP) worth up to Rs 4,000 crore at a floor price of Rs 414.4 apiece.

Indian Bank Q2 Results: Net profit jumps 62% to Rs 1,988 crore

Indian Bank Q2 Results: Net profit jumps 62% to Rs 1,988 crore

Thu, Oct 26, 2023

Indian Bank Q2 Results: Public sector Indian Bank reported a 62 per cent growth in net profit at Rs 1,988 crore for the September quarter.

Shiv Bajrang Singh is new Executive Director of Indian Bank

Shiv Bajrang Singh is new Executive Director of Indian Bank

Tue, Oct 10, 2023

Prior to taking up the new responsibility, Singh was serving the Bank of India as its chief general manager, the Chennai-headquartered Indian Bank said in a statement.

RBI fines SBI, Indian Bank and Punjab & Sind Bank for breach of norms: Check details

RBI fines SBI, Indian Bank and Punjab & Sind Bank for breach of norms: Check details

Mon, Sep 25, 2023

RBI fines SBI, Indian Bank and Punjab & Sind Bank: The Reserve Bank of India (RBI) on Monday imposed fines on State Bank of India (SBI), Indian Bank, Punjab & Sind Bank, and Fedbank Financial Services for violating various norms set by the central bank.

Indian Bank unveils 'IB SAATHI' to enhance banking services

Indian Bank unveils 'IB SAATHI' to enhance banking services

Sat, Sep 16, 2023

The IB Sustainable Access and Aligning Technology for Holistic Inclusion (SAATHI) offers an enhanced user experience through the simplified delivery of services, encompassing both basic and value-added offerings to customers.

Maruti Suzuki partners with Indian Bank to provide financing solutions to dealers

Maruti Suzuki partners with Indian Bank to provide financing solutions to dealers

Thu, Sep 14, 2023

Maruti Suzuki India Ltd on Thursday said it has partnered with Indian Bank to provide financing solutions to its dealers.

Indian Bank shares gain more than 3% on plans to raise up to Rs 4,000 crore via multiple routes

Indian Bank shares gain more than 3% on plans to raise up to Rs 4,000 crore via multiple routes

Mon, Aug 28, 2023

The bank has already received the go-ahead from shareholders regarding the proposed fund raising. The upcoming Committee of Directors meeting, on August 30, will delve into the specifics of the capital-raising strategy and modalities.

Indian banks' operating environment stronger, but structural issues continue to affect: Fitch Ratings

Indian banks' operating environment stronger, but structural issues continue to affect: Fitch Ratings

Wed, Aug 16, 2023

The credit rating agency said Indian bank's loan portfolio has grown 15.4 per cent over FY23 numbers and it is partly due to pent-up credit demand following the pandemic, amid improved capacity for growth, especially among private-sector banks, as well as strong nominal GDP growth.

Indian Bank opens specialised startup cells in 10 cities

Indian Bank opens specialised startup cells in 10 cities

Wed, Aug 16, 2023

Indian Bank news: Public sector Indian Bank on Wednesday said it has set up 10 startup cells across different centres in the country to serve its specialised banking requirements.

Indian Bank Q1 results: Net profit rises 41% to Rs 1,709 crore

Indian Bank Q1 results: Net profit rises 41% to Rs 1,709 crore

Thu, Jul 27, 2023

State-owned Indian Bank on Thursday posted a 41 per cent increase in net profit at Rs 1,709 crore in the April-June quarter, mainly due to decline in bad loans.

News Par Views: Mr. SL Jain, MD& CEO Of Indian Bank In Conversation With Anil Singhvi

News Par Views: Mr. SL Jain, MD& CEO Of Indian Bank In Conversation With Anil Singhvi

Tue, May 09, 2023

Good growth seen in all segments... Asset quality will improve further... Deposit growth expected to be 8-10%: Mr. SL Jain, MD& CEO Of Indian Bank.

Indian Bank inks MoU with TN e-Governance agency to offer payment aggregator services

Indian Bank inks MoU with TN e-Governance agency to offer payment aggregator services

Tue, Apr 18, 2023

The agreement is to integrate the Indian Bank Payment Aggregator platform with the e-Governance Applications of various departments in Tamil Nadu.

FM Nirmala Sitharaman likely to meet CEOs of PSU Banks on Saturday

FM Nirmala Sitharaman likely to meet CEOs of PSU Banks on Saturday

Thu, Mar 23, 2023

Finance minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 for performance review in the backdrop of failure of fe

Silicon Valley Bank collapse: Indian Banks are ‘not at risk’ from SVB contagion, say experts - here’s why

Silicon Valley Bank collapse: Indian Banks are ‘not at risk’ from SVB contagion, say experts - here’s why

Thu, Mar 16, 2023

Silicon Valley Bank collapse: Economists highlighted the fact that Indian banks have very low exposure to the SVB, thus there is hardly any risk involved

This private bank's shares have doubled investors' money in just 6 months - Should you book profit?

This private bank's shares have doubled investors' money in just 6 months - Should you book profit?

Tue, Mar 14, 2023

South Indian Bank Share Price, South Indian Bank Share Price Target 2023: South Indian Bank shares can yield 42 per cent return from the current market price. The shares of the private bank have delivered a whopping 100 per cent return in the last 6 months.

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