Thu, Dec 12, 2019
"Indian Bank's corporate lending has grown by 12% and we expect that it will improve in the fourth quarter", says Padmaja Chunduru, Managing Director and CEO, Indian Bank.
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Mon, Jun 10, 2019
RBI placed a new guidelines prudential framework for resolution of stressed assets by banks in the wake of the judgment of the Supreme Court of India.
Wed, Feb 06, 2019
On the asset front, the bank witnessed rise in its gross non-performing assets (NPAs) at 17.81 per cent of the gross advances as at December-end 2018, as against 14.38 per cent by December 2017.
Tue, Feb 05, 2019
The bank's total income, fell by 2.64 per cent to Rs 14,854.24 crore for the quarter under review from Rs 15,257.5 crore in the year-ago quarter.
Mon, Nov 26, 2018
According to the report, the root cause responsible for increase in bank fraud incidents "appears to not having been adequately addressed".
Wed, Nov 07, 2018
State-run lenders require an urgent Rs 1.2 trillion in capital in the next five months and government will have to take a bulk of the tab due to the weak market valuations of these NPA-saddled banks, says report.
Thu, Oct 25, 2018
He also said rating agencies have an important role as gatekeepers in maintaining trust of investors in bond market and Sebi would consider further necessary changes in norms for them in consultation with stakeholders, after a number of steps taken to rationalise their governing structure and for close monitoring of ratings.
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