Indian Bank

Public sector lenders Canara Bank, Bank of Baroda (BoB) and Indian Bank together paid a dividend of Rs 7,023 crore to the government for the financial year 2025-26 on Monday. Newly appointed Canara Bank MD and CEO Brajesh Kumar Singh presented a dividend cheque of Rs 2,397 crore to Finance Minister Nirmala Sitharaman in the presence of Financial Services Secretary Sanjay Lohiya. For the financial year 2025-26, Canara Bank declared a dividend of 4.2 per share, representing 210 per cent of the face value of Rs 2 each, the lender said in a statement. The dividend payout is a testament to Canara Bank's strong financial performance and its ongoing commitment to creating long-term value for all stakeholders, including its majority stakeholder, the Government of India, it said. In its statement, BoB said the bank's MD and CEO, Debadatta Chand, presented a dividend cheque of Rs 2,811 crore to the Finance Minister. For 2025-26, the bank declared a dividend of Rs 8.50 per equity share, ...

Governor Sanjay Malhotra says the central bank has adequate currency stocks and will ensure prompt replenishment wherever ATMs face cash shortages

Jatin Gedia of Teji Mandi reckons that Indian Bank, Phoenix Mills and PFC have found support at their respective 200-DMAs and look ripe for further upside, according to technical charts.

Had temporarily recalled officials handling treasury, wholesale, and corporate banking as war escalated

India's weightage in the MSCI Standard Index remained broadly unchanged at 12.3 per cent, versus 12.4 per cent earlier

The resumption is expected to boost the country's gold imports, widen ‌the trade deficit and put more pressure on the rupee, which is among Asia's worst-performing currencies this year

Indian Bank plans a qualified institutional placement in Q3 FY27 to absorb the impact of RBI's expected credit loss framework coming into effect from April 2027

Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable

Indian Bank reported a net profit of ₹3,103 crore, up 5 per cent from ₹2,956 crore in the year-ago period

Indian Bank reported a 5 per cent rise in Q4 FY26 profit, aided by strong NII growth and improved asset quality, though non-interest income declined during the quarter

Tonse along with group chief financial officer Niranjan Banodkar, says the focus is also on how to benefit from the collaboration with SMBC

State-run Indian Bank on Monday said it has raised Rs 5,000 crore through a 10-year, long-term infrastructure bond issue at a coupon rate of 7.15 per cent. The lender received two bids for a cumulative amount of Rs 3,100 crore at 7.13 per cent coupon, two bids each for a cumulative value of Rs 4,100 crore and Rs 5,050 crore, at a coupon rate of 7.14 per cent and 7.15 per cent, respectively, market sources said. Additionally, the bank received one bid for a cumulative amount of Rs 5,075 crore, market participants added. The bank planned to raise Rs 5,000 crore, including Rs 3,000 crore in the greenshoe option. The bonds have been rated 'AAA' with 'Stable' outlook by CARE and CRISIL. Pay in and allotment of the bonds will take place on March 24. Pay in is the date when investors and the issuer exchange bonds and money.

At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.

Lenders launch Swiss challenge auction with a ₹285 crore anchor bid, offering 39% recovery; counter-bids must be fully in cash

Despite the past two days decline, the Nifty PSU Bank index has outperformed the market by surging 21%, as against 1% rise in the Nifty 50 in the past five months.

Indian Bank's Q3 FY26 profit rose 8% as strong RAM loan growth, steady CASA ratio and cautious pricing lifted margins, with MSMEs and retail driving advances

The Chennai-based lender made Rs 2,909.73 crore in consolidated net profit in Q3 FY25

Indian Bank on Thursday reported a 7.33 per cent growth in net profit to Rs 3,061 crore for the third quarter ended December 2025. The public sector bank had recorded a net profit of Rs 2,852 crore in the December quarter of 2024-25. Its net interest income increased 7.50 per cent to Rs 6,896 crore in the December 2025 quarter from Rs 6,415 crore a year ago, Indian Bank said in a statement. The total income rose to Rs 19,663 crore during the third quarter of the current fiscal compared to Rs 17,912 crore in the corresponding quarter of FY25. Provisions and contingencies reduced to Rs 857 crore in Q3 FY26 from Rs 1,059 crore in the year-ago period. Gross non-performing assets (NPAs) improved to 2.23 per cent during Q3 of the current fiscal against 3.26 per cent a year earlier. In value terms, gross NPA stood at Rs 14,268 crore during the quarter under review, compared to Rs 18,208 crore in Q3 of FY25. The total deposits increased by 12.62 per cent to Rs 7,90,923 crore in the Dece

Q3FY26 company results: Firms including Indian Bank, Zee Entertainment, COFORGE, DLF, and Aditya Birla Sun Life AMC are also to release their October-December earnings reports today

The public sector bank's total business in Q3 grew 13.4 per cent to ₹14.3 trillion, as compared to ₹12.61 trillion a year ago