March 16, 2023, Thursday
FSIB recommends Ashwani Kumar for the post of managing director of UCO Bank
FSIB, the headhunter for directors of state-owned banks and financial institutions, on Thursday recommended the name of Indian ...
March 01, 2023, Wednesday
Credit rated Indian banks can move over to IFRS 9: S&P Global Ratings
Credit rated banks in India are well placed to transition to the expected credit loss approach under the International Financial ...
February 10, 2023, Friday
We continue to be selective on corporate loans: Indian Bank MD & CEO
Our margins in the first quarter was 3.1 per cent, while it was 3.2 per cent in Q2 and 3.7 per cent in Q3, says Shanti Lal Jain
January 30, 2023, Monday
Indian Bank nears 52-week high in a weak market; stock up 19% in 3 months
Indian Bank said it is in a better financial health, well capitalised and the asset quality is continuously improving.
January 25, 2023, Wednesday
Indian Bank Q3 net profit doubles to Rs 1,396 cr as bad loans decline
State-owned Indian Bank on Wednesday reported nearly two-fold jump in profit at Rs 1,396 crore in the quarter ended December ...
January 02, 2023, Monday
State-owned Indian Bank hikes lending rates by up to 25 basis points
State-owned Indian Bank on Monday increased lending rates, including the marginal cost of funds-based lending rates (MCLR), by up ...
January 01, 2023, Sunday
Indian Bank unveils QR bill-based payment system for CESC-Mysuru
Public sector Indian Bank on Sunday said it has unveiled QR code bill payment system for Chamundeshwari Electricity Supply ...
December 28, 2022, Wednesday
Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%
At 11:35 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2 per cent, as against 0.06 per cent decline in ...
December 23, 2022, Friday
Honda Cars India ties up with Indian Bank to provide vehicle loans
Honda Cars India (HCIL) on Friday said it has tied up with Indian Bank to provide vehicle finance for its customers. The ...
December 09, 2022, Friday
Banks need to scale up investments in technology, says RBI's MK Jain
Financial institutions must build capacities in analytics and HR, says central bank deputy governor