Indian Bank (INBA.NS)

INBA.NS on National Stock Exchange of India

17 Jan 2018
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Rs16.20 (+4.38%)
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Tue, Dec 19 2017

BRIEF-Indian Bank Approves Raising Equity Capital Worth Up To 70 Bln Rupees

* SAYS APPROVES RAISING EQUITY CAPITAL WORTH UP TO 70 BILLION RUPEES Source text: http://bit.ly/2oKTT8l Further company coverage:

MEDIA-India's PNB, Indian Bank, Syndicate Bank likely to launch QIPs this month - Mint

- Note: Reuters has not verified this story and does not vouch for its accuracy

BRIEF-Indian Bank gets SEBI permission to raise capital via QIP

* Says gets SEBI permission to raise capital via QIP Source text - http://bit.ly/2A2r5wG Further company coverage:

BRIEF-Indian Bank Sept-qtr domestic NIM at 2.92 pct

* Says domestic NIM grew by 22 bps to 2.92 percent in Sept quarter Source text: http://bit.ly/2j6yzHT Further company coverage:

BUZZ-Indian Bank hits record high on strong results

** Shares of Indian Bank surge as much as 10.8 pct to a record high of 384.80 rupees

BRIEF-Indian Bank Sept qtr profit up about 11 pct

* Sept quarter net profit 4.52 billion rupees versus net profit of 4.05 billion rupees year ago

Fitch: Weak Capital Drives Negative Indian Bank Sector Outlook

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Indian Banks FY17 Report Card https://www.fitchratings.com/site/re/903253 MUMBAI, September 14 (Fitch) Indian banks' sector outlook will likely remain negative in the future as their weak financial performance and vulnerable core capitalisation continue to put pressure on intrinsic creditworthiness, says Fitch Ratings. State banks remain the most at risk as persistent losses have battered their weak capita

BRIEF-Indian Bank June-qtr profit up 21 pct

* June quarter net profit 3.72 billion rupees versus net profit of 3.07 billion rupees year ago

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