Wednesday, Feb 21, 2024 | Last Update : 05:33 PM IST

indian bank

Mega merger of state-run banks comes into force from April 1: RBI

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan

29 Mar 2020 12:33 PM

Indian Bank announces additional funding facility

It will be offering loans to large corporates and medium enterprises that are in the standard category

25 Mar 2020 5:14 PM

Dearth of risk management professionals raises concern

In a competitive world where businesses are rewarded for high growth, the risk management often takes the back seat.

19 Nov 2019 3:45 AM

Indian Bank to link retail, MSME loans to RBI's repo rate from Oct 1

The RBI has mandated all banks to link their loans with external benchmarks, such as repo

26 Sep 2019 9:08 AM

Allahabad Bank board approves merger with Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.

17 Sep 2019 9:00 AM


Gold valuer dupes Indian Bank of Rs 3.7 crore

The police questioned Nadar as he was part of the department and after initially denying having played any role, he spilt the beans, officials said.

16 Sep 2019 3:42 AM

Indian Bank expects to complete merger with Allahabad Bank by March 31

Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.

03 Sep 2019 3:46 PM

Indian Bank revises interest rates on term deposits

The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore.

17 Feb 2019 4:21 PM

RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security norms

The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks.

11 Dec 2018 1:32 PM

Indian Bank revises interest rates on FCNR(B) deposits

Interest rates for deposits of three years and above, but less than four years have been fixed at 4.06 per cent.

06 Oct 2018 4:33 PM


Indian Bank Q4 profit slumps 59 pc to Rs 132 cr on higher NPAs

The bank had reported a profit of Rs 319.70 crore in the same period of 2016-17.

10 May 2018 4:11 PM

Indian Bank Q2 net up 11.5 per cent at Rs 452 crore

Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.

06 Nov 2017 1:30 PM

Indian Bank eyes cutting NPAs to below 5 per cent by March

The bank is also reviving its home finance subsidiary Ind Bank Housing.

06 Aug 2017 11:52 AM

Indian Bank Q1 profit rises 21 per cent to Rs 372 crore

Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.

21 Jul 2017 1:03 PM

Indian Bank revises interest rates in FCNR(B) deposits

Revised interest rates have been fixed at 2.43 per cent for deposits of one year and above.

04 Jul 2017 6:37 PM


Indian Bank to cut base rate by 0.20 pc from May 7

Bank has reduced the base rate from 9.65 per cent to 9.45 per cent.

05 May 2017 10:36 AM

Indian Bank Q4 Net up over 3-fold on lower bad loan provision

Total income in the reported quarter increased marginally to Rs 4,601.89 crore against Rs 4,522.73 crore.

25 Apr 2017 5:04 PM

Railway ticket windows say no to card payments

There are over 20 railway reservation offices across the city with little or no arrangement for digital payment.

13 Dec 2016 2:29 AM

Indian Bank revises interest rates in FCNR (B) deposits

For deposits of upto five years, the interest rates were fixed at 3.29 per cent from existing 2.86 per cent.

08 Dec 2016 3:35 PM