Indian Bank (INBA.NS)

INBA.NS on National Stock Exchange of India

20 Mar 2018
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Rs-4.90 (-1.67%)
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Latest Key Developments (Source: Significant Developments)

Indian Bank Sept-qtr domestic NIM at 2.92 pct
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Indian Bank ::Says domestic NIM grew by 22 bps to 2.92 percent in Sept quarter.  Full Article

Indian Bank Sept qtr profit up about 11 pct
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Indian Bank :Sept quarter net profit 4.52 billion rupees versus net profit of 4.05 billion rupees year ago.Sept quarter interest earned 41.60 billion rupees versus 39.94 billion rupees year ago.Sept quarter provisions 7.45 billion rupees versus 4.78 billion rupees year ago.Sept quarter provisions for non-performing assets 6.33 billion rupees versus 6.16 billion rupees year ago.Sept quarter gross NPA 6.67 percent versus 7.21 percent previous quarter.Sept quarter net NPA 3.41 percent versus 4.05 percent previous quarter.  Full Article

Indian Bank June-qtr profit up about 43 pct
Tuesday, 2 Aug 2016 

Indian Bank : June-quarter PAT 3.07 billion rupees . Says June-quarter interest earned 40.71 billion rupees; provisions 4.17 billion rupees; gross NPA 6.97 percent versus 6.66 percent previous quarter . The profit alert was first sourced from TV and was later confirmed from a company press release on the NSE .  Full Article

Indian Bank raises 6 bln rupees via Basel III tier II bonds
Thursday, 28 Jul 2016 

Indian Bank : Raised further 6 billion rupees under Basel III compliant tier II bonds .  Full Article

Indian Bank names P A Krishnan as new CFO
Wednesday, 18 May 2016 

Indian Bank : P A Krishnan, deputy general manager will be the new chief financial officer of the bank in place of V A Prasanth, general manager. .  Full Article

Indian Bank March-qtr profit down about 59 pct
Wednesday, 11 May 2016 

Indian Bank : Says March-quarter net profit 844.9 million rupees; interest earned 39.84 billion rupees . Says March-quarter provisions 8.14 billion rupees; net NPA 4.20 percent versus 3.17 percent previous quarter . Recommended final dividend of INR 1.50 per share .  Full Article


Missed warnings - How watchdogs failed to spot $2 billion Indian bank fraud

By Krishna N. Das, Suvashree Choudhury, Devidutta Tripathy and Tom Lasseter