sector: Financials ·
industry: Banks ·
As of
12:34pm IST
170.60INR
Indian Bank is an India-based banking company. The Company operates in four segments: Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Company’s subsidiaries include Indbank Merchant Banking Services Ltd., Indbank Housing Ltd. and Indfund Management Ltd.
BRIEF: For the fiscal year ended 31 March 2009, Indian Bank's total interest income increased 31% to RS68.33B. Net interest income after loan loss provision increased 33% to RS21.72B. Net income applic. to Common increased 21% to RS12.18B. Net interest income reflects increased income on advances, also reflects lower provisions and contingencies. Net income reflects an increase in employee expenses and higher rent, taxes & lighting expenses.
Indian Bank Ltd
66, Rajaji Salai
PB No.1384
Chennai 600 001
P: +9144.25233231
F: +9144.25231278