Page 2 - Indian Bank

Motilal Oswal sees re-rating potential for PSU banks; SBI, PNB top bets

Despite a nearly 5x jump in aggregate mcap since FY20, most coverage PSBs still trade at reasonable valuations of 0.8-1x forward P/B & 5-7x FY27E EPS, leaving room for further upside.

SBI, Canara, Indian Bank hit 52-wk highs; PSU Bank index up 1%; here's why

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 8 per cent, as compared to less than 1 per cent rise in the Nifty 50.

Systematix bullish on PSBs; BoB, Union Bank may rise up to 30%: Here's why

Systematix noted that PSBs witnessed a remarkable turnaround in FY25, reversing the decade-long decline in their advances market share

Nifty PSU Bank index rallies 3% in 2 days; Indian Bank hits all-time high

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025.

Indian shadow banks' IPO boom falters amid mounting credit stress

TPG Inc.-backed SK Finance Ltd. and Belstar Microfinance Ltd. are the latest firms to shelve plans for initial public offerings

MOFSL recommends top multi-factor stock picks for September 2025; details

Hindalco share price: With steady quality, value, and momentum, Hindalco share presents a consistent and resilient investment choice.

Focus stays on RAM as Indian Bank tilts towards MSMEs: MD & CEO Binod Kumar

he bank's managing director and chief executive officer Binod Kumar shares the impact of the merger on its growth

These 3 stocks are must-haves in your portfolio, suggests Religare Broking

After an extended consolidation within a rectangle pattern, the Indian Bank stock broke out above the upper resistance band, signaling the start of a fresh uptrend.

Overbought or oversold? 5 PSU bank stocks on technical charts

Shares of PSU banks have rallied up to 24% thus far in FY26; here's what technical charts suggest for Bank of India, Indian Bank, Bank of Baroda, PSB and Central Bank of India.

PSBs in focus: SBI, BOB up 2%, Indian Bank hits record high; here's why

At 10:22 AM; Nifty PSU Bank index, the top gainer among sectoral indices, was up 1.8 per cent, as compared to 0.19 per cent gain in the Nifty 50 on Monday.

Analysts at Angel One recommend buying these two stocks today; check why

From the April swing low near 1180 to the June peak around 1700, the Tech Mahindra stock saw a strong rally, followed by a month-long price correction.

Indian Bank gets board's approval to raise ₹5,000 crore: MD Kumar

Indian Bank plans to raise ₹5,000 crore in FY26, with a focus on enhancing capital adequacy and introducing its own UPI app, IND-UPI. Net profit rose by 23.69% in Q1 FY26

Indian Bank Q1FY26 results: Consolidated profit down 11.4% at ₹ 2,276.37 cr

Indian Bank reports a 24% increase in Q1 net profit, alongside improvements in asset quality, NPA reduction, and robust growth in key financial metrics

Indian Bank Q1 FY26 result: Net profit jumps 24% to ₹2973 cr, income up 10%

Indian Bank's total amount of net non-performing assets stood at ₹1,035.56 crore in Q1 FY26, down 48.91 per cent from ₹2,026.59 crore a year ago

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs

At 01:49 PM, the Nifty PSU Bank index, the top gainer among sectoral indices, was up 1 per cent, as compared to a 0.50 per cent decline in the Nifty 50

BFSI Wrap: RBI may ease foreign bank stake limits, SBI's record fundraising, credit-deposit growth & more

RBI Governor Sanjay Malhotra said the central bank may allow foreign banks to own up to 26% in Indian banks. Currently, while foreign investors can hold up to 74%,

Indian Bank hands over sanction letters worth ₹1,011 cr to over 3,000 women

Public sector Indian Bank has handed over sanction letters worth Rs 1,011 crore to over 3,000 women, extending financial support to Self Help Groups across Tamil Nadu. Ministry of Finance, Department of Financial Services, Secretary M Nagaraju presented the cheques to the beneficiaries at a Mega Self Help Group Credit Outreach Programme held at Tamukkam Convention Centre, here. In his brief address, Nagaraju emphasised that access to capital for livelihood activities is crucial. "Such initiatives not only reduce the dependence on sources of informal credits but also help inclusion into the formal financial ecosystem," he observed. "More than 3,000 women from various self-help groups across Tamil Nadu were part of the event. Sanction letters to the tune of Rs 1,011 crore were handed over during the mega SHG credit outreach programme," the Chennai-based bank said in a press release on Sunday. Indian Bank Managing Director and CEO Binod Kumar, Executive Directors Ashutosh Choudhury, S

Indian Bank cuts lending rate for one year maturity by 5 bps to 9%

State-owned Indian Bank on Wednesday said it has reduced Marginal Cost of Funds Based Lending Rate (MCLR) for one year maturity by 5 basis points to 9 per cent. The new rate will be effective from July 3, Indian Bank said in a statement. The one-year MCLR is the benchmark against which most customer loans such as auto, personal and home loans are priced. Reinforcing its commitment to affordable credit, the bank has announced a reduction of 5 basis points in its one-year Marginal Cost of Funds Based Lending Rate (MCLR), bringing it down to 9 per cent, it said. This reduction will directly benefit borrowers with a lower interest rate on loans, it said. Besides, the Chennai-based bank has announced the complete waiver of minimum balance charges across all Savings Bank accounts, effective July 7, 2025. This move is aimed at fostering financial inclusion and making banking more accessible and affordable for all sections of society, it said. This decision is set to benefit a vast spec

Focus areas will be retail penetration, MSMEs: Indian Bank's Binod Kumar

Binod Kumar lines up the strategy to focus more on retail and micro, small, and medium enterprises, plans to improve technology via an investment of Rs 1,300 crore, and outlines the growth roadmap

Earn up to 7.65% with Indian Bank's IND SECURE FD: Offer ends in Sept

Indian Bank revises IND SECURE FD rates, now offering up to 7.65 per cent p.a. for 444 days, available till September 30