Indian Bank has been approved to raise Rs 5,000 crore through QIP, FPO, or rights issue, as decided in its AGM. This strategic move aims to bolster the bank's capital base, followi...
Indian Bank has sanctioned Rs 1,011 crore loans to over 3,000 women from SHGs in Tamil Nadu, enhancing financial inclusion and supporting grassroots entrepreneurship. This initiati...
Indian Bank reports a 32% increase in Q4 net profit to Rs 2,956 crore, driven by strong core income and improved asset quality. Annual net profit rises by 35%, with plans to raise ...
Indian Bank targets disbursing Rs 20,000 crore to Self Help Groups nationwide this financial year to empower women entrepreneurs, with a recent outreach program in Bhubaneswar sanc...
Following the RBI's repo rate cut, Indian Bank reduces its Repo Linked Benchmark Lending Rate by 0.35%, effective April 11, 2025, to lower borrowing costs and stimulate loan demand...
Indian Bank has received a Rs 873 crore tax demand notice from the income tax department for AY 2017-18, citing certain disallowances. The bank plans to appeal, confident in its le...
Indian Bank has approved the issuance of long-term infrastructure bonds worth Rs 5,000 crore, adding to the Rs 10,000 crore already raised. This initiative aims to finance infrastr...
