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Indian Bank - Company News

BSE   27 Apr 15 | 12:00 AM

151.10 -3.65 (-2.36%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532814
Face Value: N.A.

NSE   27 Apr 15 | 12:00 AM

148.25 -5.1 (-3.33%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: INDIANB
Performance
1 Week : Rs 160.85 (-6.06%)
1 Month : Rs 168.40 (-10.27%)
1 Year : Rs 129.90 (16.32%)
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  • 28 Mar 15
    12:32 AM
    T M Bhasin, chairman and managing director (CMD) of Indian Bank, has been given a one-year two-month extension to serve in the Chennai-based lender.
  • 24 Mar 15
    06:46 PM
    Two public sector banks, Andhra Bank and Indian Bank, have slapped notices on 7 Acres Studios, located adjacent to the main Annapurna Studios in the upmarket Jubilee Hills in Hyderabad, for recovering loans to the tune of Rs 62 crore.
    12:44 AM
    Indian Bank has got its shareholders' approval for allotment of 15.4 million equity shares of Rs 10 face value at an issue price of Rs 181.31 a share to the Government of India on preferential basis.
  • 05 Feb 15
    12:21 AM
    At a time when most banks are struggling with mounting bad loans, state-run Indian Bank appears to have stemmed the rot by stepping up loan recoveries and conservative lending.
  • 02 Feb 15
    06:06 PM
    Indian Bank has reported a net profit of Rs 277.52 crore during the quarter ended December 31, 2014 as compared to Rs 264.50 crore, a year ago, an increase of 5 %. The Bank's total income rose to Rs 4321.46 crore from Rs 4112.33 crore, a growth of 5 %.
  • 06 Nov 14
    04:42 PM
    Indian Bank has posted a growth of 2.46% in net profit at Rs 314.33 crore for the quarter ended September 30, 2014 as compared to the net profit of Rs 306.76 crore for the same period of previous fiscal year.
  • 26 Jul 14
    12:46 AM
    State-run banks' profitability in the first three months of this financial year have remained under stress. A rise in bad loans, higher provisioning and loss on sale of investments have dragged down their earnings growth.
    12:40 AM
    State-run banks' profitability in the first three months of this financial year have remained under stress. A rise in bad loans, higher provisioning and loss on sale of investments have dragged down their earnings growth.
  • 17 Jul 14
    12:48 AM
    State-owned Indian Bank has paid 17 per cent final dividend to the government amounting to Rs 90.61 crore for the 2013-14 financial year. The dividend was presented by the bank's CMD T M Bhasin to Finance Minister Arun Jaitley.
  • 13 May 14
    12:12 AM
    Indian Bank has posted a drop of 7.13 per cent in net profit for the quarter ended March 31 to Rs 271 crore, against Rs 292 crore in the corresponding period of the of previous financial year.
  • 10 Feb 14
    05:22 PM
    Indian Bank has said that its share holders has approved conversion of Rs 400 crore worth Perpetual Non Cumulative Preference Shares (PNCPS) into equity by issuance and allotment of 3.51 crore shares of Rs 10 each at a conversion price of Rs 114.03 crore
  • 04 Feb 14
    11:59 AM
    Public sector Indian Bank has revised interest rates for the month of February on its Foreign Currency Non-Resident (Banking) deposits with immediate effect.
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