Indian Bank
- Stock Market
Indian Bank Q1 net profit at Rs 1,213 crore
Chennai: Public sector Indian Bank closed the first quarter of FY23 with net profit of Rs 1,213.44 crore, higher than what it had logged during Q1FY22. According to Indian Bank, it had…
- Hyderabad
Hyderabad: Indian Bank fined 50K for breaking open locker
Hyderabad: The Indian Bank was fined Rs 50,000 by the district consumer dispute redressal commission for not following due protocol before breaking open a locker belonging to a couple who failed to…
- Business
Indian Bank Q2 net profit at Rs 1,089 crore
Chennai: Public sector Indian Bank closed the second quarter of the current fiscal with a net profit of Rs 1,089 crore. In a regulatory filing, the bank said it had posted a…
- Telangana
KTR launches Indian Bank’s ‘MSME Prerana’ programme in Telangana
Hyderabad: Indian Bank launched its flagship business mentoring programme, ‘MSME Prerana’, in Telangana on Tuesday. The initiative by the bank is supposed to be the first of its kind to empower MSME…
- Business
Indian Bank says 8 loan accounts as fraud, including IL&FS
Chennai: Government owned Indian Bank has declared bad loans amounting Rs 202.32 crore to seven domestic borrowers and $5.289 million lent to a foreign company as fraud. The bank has said it has…
- Business
Axis Bank raises Rs 10,000 cr via allotment of equity shares to QIBs
New Delhi: Private sector lender Axis Bank on Tuesday said it has raised Rs 10,000 crore through allotment of equity shares to qualified institutional buyers (QIB). Amid the COVID-19 pandemic, a slew…
- Business
Merger process of Allahabad Bank, Indian Bank might face
Kolkata: The merger process of Indian Bank and Allahabad Bank could face a slight delay in the wake of the 21-day nationwide lockdown, an official of the Kolkata-based lender said on Saturday.…
- Business
Indian Bank ATMs to go user-friendly, vend more Rs 200 notes
Chennai: City based Indian Bank has decided to load more of 200 rupee notes and stop loading and dispensation of Rs 2,000 notes in its ATMs as a customer friendly move, a…