Page 8 - Indian Bank

PSBs extend gain on privatisation hope; Indian Bank surges 37% in 4 days

In past four trading days, Nifty PSU Bank index has rallied 18 per cent as compared to a 9 per cent gain in the benchmark Nifty50

Indian Bank reports Q3 net of Rs 514 cr versus loss in year-ago quarter

Board clears Rs 4,000 cr equity raising plans to reduce GOI stake below 75 per cent

Indian Bank gets board approval to raise Rs 4,000 cr from share sale

The bank looks to enhance its capital base

Banking: Yesterday, today and tomorrow

With the customer spoilt for choice, the option for the banking industry in the new decade is between going digital or dying

S&P affirms Indian Bank's 'BBB-' rating, removes from CreditWatch

The Chennai-based public sector lender is expected to benefit from faster-than-expected economic recovery in India

Indian Bank declares IFIN account as fraud with over Rs 408 cr outstanding

In October, Punjab and Sind Bank had also reported the account of IFIN as fraud with outstanding dues of over Rs 561 crore to the RBI

Indian Bank makes requisite accounting entries to set off losses

On November 30, at EGM the Bank approved the appropriation of accumulated losses of Rs 18,975.53 crore from the share premium account of the bank

ICICI Bank, Indian Bank at risk of becoming 'fallen angels', warns S&P

S&P terms an entity a "fallen angel" if its rating is lowered to speculative-grade from investment-grade

PSBs: Sustaining Q2 momentum for a year key to regaining lost faith

Q2 results suggest a trend of easing asset quality issues and the weight of merger behind them

Indian Bank Q2 net at Rs 412 crore versus Rs 1,755 cr loss a year ago

Lender expect credit growth to be 8-10 % this fiscal

Indian Bank posts Rs 412 cr net profit in Q2 on fee income, lower bad loans

State-run Indian Bank on Thursday reported a standalone profit after tax of Rs 412 crore in the quarter ended September, helped mainly by fee income, treasury profits and lower bad loans.

Indian Bank Q2 net at Rs 412 crore versus Rs 1,755 cr loss a year ago

Lender expect credit growth to be 8-10 % this fiscal

Indian Bank partners IIT-Madras to set up incubation cell for startups

State-owned Indian Bank in collaboration with IIT-Madras Incubation Cell (IITMIC) on Tuesday launched an initiative for funding start-ups.

Indian Bank ties up with IIT-Madras to lend up to Rs 50 crore to start-ups

Funding to be done under 'IND Spring Board' initiative for both working capital and fixed asset purchases

Have a wider pan-India presence after merger, says Indian Bank MD & CEO

Loan restructuring requests coming in a trickle, says Padmaja Chunduru

Indian Bank launches e-facility for restructuring of personal loans

State-run Indian Bank said it has launched a facility on its website for its personal loan borrowers to submit the requests for restructuring of their loans under RBI's one-time loan recast norms.

Indian Bank inks MoU with housing ministry, SIDBI for street vendors

Public sector Indian Bank has signed a MoU with the Ministry of Housing and Urban Affairs and with SIDBI for payment of subsidy to street vendors under the Centre's SVANidhi Scheme.

Indian Bank to pay subsidy, cash back to street vendors under PM SVANidhi

Bank signs MoU with Ministry of Housing & Urban & Sidbi, completes digitisation for a few other schemes

Indian Bank launches business mentoring programme to support MSMEs

'MSME Prerana' will train entrepreneurs in business skills, communication, credit assessment.

Indian Bank unveils IB-eNote facility for paperless working environment

Public sector Indian Bank has unveiled its IB-eNote facility, aimed at providing a paperless working environment and to improve the turnaround time considerably