Sharekhan

Indian Bank

Fri 22/05/2026,15:59:4 | NSE : INDIANB

₹ 825.957.00 (0.85%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 822.90

Previous Close

₹ 818.95

Volume

2275195

Mkt Cap ( Rs. Cr)

₹111252.49

High

₹ 832.00

Low

₹ 818.10

52 Week High

₹ 1000.90

52 Week Low

₹ 586.25

Book Value Per Share

₹ 593.73

Dividend Yield

1.96

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Indian Bank

Your Vote -

Buy

46.99%

Hold

33.20%

Sell

19.81%

46.99%

1545 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

825.95

379

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

379

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Indian Bank' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Indian Bank - Business Responsibility and Sustainability Reporting (BRSR)

    23 May 2026, 5:09AM Business Responsibility and sustainability Report of the Bank for FY 2025-26

  • Indian Bank - Reg. 34 (1) Annual Report.

    23 May 2026, 2:59AM Copy of Annual Report of the Bank for FY 2025-26

  • Indian Bank - Copy Of Notice Of 20Th Annual General Meeting (AGM) Of The Bank Scheduled To Be Held On Wednesday, The 17Th Jun

    23 May 2026, 2:19AM Copy of Notice of 20th Annual General Meeting (AGM) of the Bank scheduled to be held on Wednesday, the 17th June 2026

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    21 May 2026, 6:34PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investors / Analysts interaction / meet -

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    21 May 2026, 6:31PM Indian Bank has informed the Exchange about Investors / Analysts interaction / meet - Outcome

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    20 May 2026, 6:58PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investors / Analysts interaction / meet -

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    20 May 2026, 6:55PM Indian Bank has informed the Exchange about Investors / Analysts interaction / meet - Outcome

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    19 May 2026, 6:38PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investors / Analysts interaction / meet -

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    19 May 2026, 6:34PM Indian Bank has informed the Exchange about Investors / Analysts interaction / meet - Outcome

  • Indian Bank - Appointment Of Shri Samir Kumar As GOI Nominee Director On The Board Of The Bank: Submission Of Brief Profile

    14 May 2026, 8:25PM Appointment of Shri Samir Kumar as GOI Nominee Director on the Board of the Bank: Submission of Brief Profile

  • Indian Bank - General Updates

    14 May 2026, 8:19PM Indian Bank has informed the Exchange regarding 'Appointment of Shri Samir Kumar as GOI Nominee Director on the Board of the Bank: Submission of Brief

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    14 May 2026, 5:43PM Indian Bank has informed the Exchange about Schedule of meet

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    14 May 2026, 5:39PM Indian Bank has informed the Exchange about Schedule of meet

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    14 May 2026, 5:31PM Indian Bank has informed the Exchange about Schedule of meet

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 May 2026, 5:49PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Schedule of Investors/ Analysts interactio

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 May 2026, 5:47PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Schedule of Investors/ Analysts interactio

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 May 2026, 5:37PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Schedule of Investors/ Analysts interactio

  • Indian Bank - Announcement under Regulation 30 (LODR)-Change in Directorate

    13 May 2026, 8:58PM Change in Directorate: Appointment/ Cessation of Director

  • Indian Bank - Change in Director(s)

    13 May 2026, 8:55PM Indian Bank has informed the Exchange regarding Change in Director(s) of the company.

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    6 May 2026, 8:12PM Transcript of Post Earnings Concall / Meet

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    6 May 2026, 8:09PM Indian Bank has informed the Exchange about Transcript

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    6 May 2026, 7:52PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investors / Analysts interaction / meet -

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    6 May 2026, 7:47PM Indian Bank has informed the Exchange about Investors / Analysts interaction / meet - Outcome

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    5 May 2026, 7:39PM Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investors / Analysts interaction / meet -

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    5 May 2026, 7:36PM Indian Bank has informed the Exchange about Investors / Analysts interaction / meet - Outcome

  • Indian Bank has declared 182.50% Final dividend for the financial year March 2026

    5 May 2026, 5:10PM Indian Bank on Wednesday, 29 April 2026, has announced Final dividend of 182.50 percent on Equity Share, to its shareholders holding shares on the reg

  • Indian Bank - Announcement under Regulation 30 (LODR)-Interest Rates Updates

    2 May 2026, 7:43PM Revision in Benchmark Rates

  • Indian Bank - General Updates

    2 May 2026, 7:42PM Indian Bank has informed the Exchange about Revision in Benchmark Rates

  • Indian Bank - Announcement under Regulation 30 (LODR)-Change in Management

    30 Apr 2026, 9:21PM Change in Management

  • Indian Bank - Change in Management

    30 Apr 2026, 9:20PM Indian Bank has informed the Exchange about change in Management

  • Indian Bank - Announcement under Regulation 30 (LODR)-Change in Management

    30 Apr 2026, 9:18PM Retirement of Shri Sukh Sagar Prasad Roy, Chief General Manger from Bank's services on superannuation.

  • Indian Bank - Retirement

    30 Apr 2026, 9:15PM Indian Bank has informed the Exchange about Retirement of Shri Sukh Sagar Prasad Roy, Chief General Manager from Bank's services on superannuation

  • Indian Bank Q4 net profit up 4.97% at Rs 3103.13 cr

    30 Apr 2026, 9:40AM The bank reported standalone net profit of Rs 3,103.13 crore for the quarter ended March 31, 2026 as compared to Rs 2956.07 crore in the same period l

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    29 Apr 2026, 9:07PM Update on Post Earnings Concall / Meet with Investors / Analyst: Audio / Video Recording

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Apr 2026, 9:06PM Indian Bank has informed the Exchange about Update on Post Earnings Concall / Meet with Investors / Analysts: Audio / Video Recording

  • Indian Bank - General Updates

    29 Apr 2026, 4:42PM Indian Bank has informed the Exchange about updated Presentation on Audited Financial Results of the Bank for the Fourth Quarter and Financial Year en

  • Indian Bank - Investor Presentation

    29 Apr 2026, 3:10PM Indian Bank has informed the Exchange about Investor Presentation

  • Indian Bank - Press Release

    29 Apr 2026, 3:06PM Indian Bank has informed the Exchange regarding a press release dated April 29, 2026, titled ""Press release on Audited Financial Results of the Bank

  • Indian Bank - Record Date

    29 Apr 2026, 2:22PM Indian Bank has informed the Exchange that Record date for the purpose of Dividend is 10-Jun-2026.

  • Indian Bank - General Updates

    29 Apr 2026, 2:20PM Indian Bank has informed the Exchange about Annual General Meeting, Record Date and Book Closure

  • Indian Bank - Outcome of Board Meeting

    29 Apr 2026, 2:10PM Indian Bank has informed the Exchange regarding Outcome of Board Meeting held on April 29, 2026 regarding Capital Raising Plan of the Bank.

  • Indian Bank - Dividend

    29 Apr 2026, 2:06PM Indian Bank has informed the Exchange that Board of Directors at its meeting held on April 29, 2026, recommended Final Dividend of Rs. 18.25 per equit

  • Indian Bank - Outcome of Board Meeting

    29 Apr 2026, 2:00PM Indian Bank has submitted to the Exchange, the financial results for the Fourth Quarter and FY 2025-26 ended on March 31, 2026.

  • Indian Bank - Updated Presentation On Audited Financial Results Of The Bank For The Fourth Quarter And Financial Year Ended O

    29 Apr 2026, 4:45PM Updated Presentation on Audited Financial Results of the Bank for the Fourth Quarter and Financial Year ended on March 31, 2026

  • Indian Bank - Announcement under Regulation 30 (LODR)-Investor Presentation

    29 Apr 2026, 3:17PM Presentation on Audited Financial Results of the Bank for the Fourt Quarter and FY 2025-26 ended on March 31, 2026

  • Indian Bank - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    29 Apr 2026, 3:15PM Press release on Audited Financial Results of the Bank for the Fourth Quarter and FY 2025-26 ended on March 31, 2026.

  • Indian Bank - Annual General Meeting, Record Date And Book Closure

    29 Apr 2026, 2:27PM Annual General Meeting, Record Date and Book Closure

  • Indian Bank - Annual General Meeting, Record Date And Book Closure

    29 Apr 2026, 2:25PM Annual General Meeting, Record Date and Book Closure

  • Indian Bank - Board Meeting Outcome for Declaration Of Dividend And Capital Raising Plan

    29 Apr 2026, 2:09PM Declaration of Dividend and Capital Raising Plan

  • Indian Bank - Outcome Of Board Meeting-Approval Of Audited Financial Results (Standalone & Consolidated) Of The Bank For T

    29 Apr 2026, 2:04PM Financial Results of the Bank for the Fourth Quarter and FY 2025-26 ended on March 31, 2026

  • Indian Bank - Extension Of Tenure Of Shri Ashutosh Choudhury, Executive Director Of The Bank

    25 Apr 2026, 4:19PM Extension of tenure of Shri Ashutosh Choudhury, Executive Director of the Bank

  • Indian Bank - General Updates

    25 Apr 2026, 4:15PM Indian Bank has informed the Exchange about extension of tenure of Shri Ashutosh Choudhury, Executive Director of the Bank

  • Indian Bank - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    22 Apr 2026, 8:01PM Post Earnings Call / Conference Call with Investors / Analysts: Audited Financial Results (Standalone & Consolidated) of the Bank for the Fourth Quart

  • Indian Bank - Analysts/Institutional Investor Meet/Con. Call Updates

    22 Apr 2026, 7:57PM Indian Bank has informed the Exchange about Post Earnings Call / Conference Call with Investors / Analysts: Audited Financial Results (Standalone & Co

  • Indian Bank - Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results (Standalone & Consolid

    22 Apr 2026, 6:14PM Indian Bankhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/04/2026 ,inter alia, to consider and approve

  • Indian Bank - Disclosure under SEBI Takeover Regulations

    21 Apr 2026, 12:52PM Indian Bank has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substa

  • Indian Bank - Disclosure In Terms Of The SEBI Master Circular For Issue And Listing Of Non-Convertible Securities, Securitize

    18 Apr 2026, 8:21PM Disclosure under Chapter XIV of SEBI master circular dated Mary 22, 2024

  • Indian Bank - Announcement under Regulation 30 (LODR)-Change in Management

    16 Apr 2026, 8:16PM New Assignment/Change in Senior Management of the Bank

  • Indian Bank - Change in Management

    16 Apr 2026, 8:14PM Indian Bank has informed the Exchange about New Assignment /Change in Senior Management of the Bank

  • Indian Bank - Cessation

    11 Apr 2026, 12:16PM Indian Bank has informed the Exchange regarding Cessation of Shri Vishvesh Kumar Goel, Part Time Non Official Director and Shri Balmukund Sahay, Part

  • Indian Bank - Disclosure under SEBI Takeover Regulations

    10 Apr 2026, 12:22PM Indian Bankÿhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui

  • Indian Bank - Statement Of Debt Securities For The Half Year Period Of FY 2025-26 Ended On March 31, 2026

    9 Apr 2026, 11:03AM Statement of Debt Securities for the Half Year period of FY 2025-26 ended on March 31, 2026

  • Indian Bank has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026

    7 Apr 2026, 5:40PM As of March 2026, 73.84% is owned by Indian Promoters and 26.16% by Public. <p align=justify> Institutional holds 23.57% (Insurance Companies 3.97%) a

  • Indian Bank - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    2 Apr 2026, 7:48PM Confirmation Certificate from RTA under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018

  • Indian Bank - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    2 Apr 2026, 7:45PM Indian Bank has informed the Exchange about Confirmation Certificate from RTA under Regulation 74(5) of SEBI (Depositories and Participants) Regulatio

  • Indian Bank - General Updates

    2 Apr 2026, 3:45PM Indian Bank has informed the Exchange about Revision in Benchmark Rates

  • Indian Bank - Announcement under Regulation 30 (LODR)-Interest Rates Updates

    2 Apr 2026, 3:47PM Revision in Benchmark Rates

  • Indian Bank - Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    1 Apr 2026, 6:26PM Provisional Business Figures of the Bank as on 31st March 2026

  • Indian Bank - General Updates

    1 Apr 2026, 6:25PM Indian Bank has informed the Exchange about Provisional Business Figures of the Bank as on 31st March 2026

  • Indian Bank - Trading Window

    25 Mar 2026, 7:43PM Indian Bank has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • Indian Bank - Announcement under Regulation 30 (LODR)-Allotment

    24 Mar 2026, 7:59PM Allotment of Long Term Infrastructure Bonds aggregating upto Rs.5000 crore

  • Indian Bank - General Updates

    24 Mar 2026, 7:56PM Indian Bank has informed the Exchange about Allotment of Long Term Infrastructure Bonds aggregating upto Rs.5000 crore

  • Indian Bank raises Rs 5,000 cr via 10-year infra bonds at 7.15%

    23 Mar 2026, 3:53PM State-run Indian Bank on Monday announced that it has raised Rs 5,000 crore through the issuance of 10-year long-term infrastructure bonds at a coupon

  • Indian Bank - Announcement under Regulation 30 (LODR)-Credit Rating

    16 Mar 2026, 8:13PM Assignment of fresh rating by CARE Ratings Ltd. and CRISIL Ratings Ltd. to Bank's proposed Rs.5000 crore Infrastructure Bonds.

  • Indian Bank - Credit Rating

    16 Mar 2026, 8:06PM Indian Bank has informed the Exchange about Credit Rating

  • Indian Bank - Copy of Newspaper Publication

    9 Mar 2026, 7:13PM Indian Bank has informed the Exchange about Newspaper Publication regarding opening of Special Window for Transfer and Dematerialization of Physical S

  • Indian Bank

    2 Apr 2026 , 9:10AM Indian Bank: The state-run lender's total business rose 13.1% YoY to Rs 14.98 lakh crore in January-March 2025 period. The gross advances increased 13.6% YoY to Rs 6.68 lakh crore, while total deposits jumped 12.6 % YoY to Rs 8.30 lakh crore for the quarter. CASA ratio dropped to 39.86%.

  • Indian Bank

    2 Jan 2026 , 9:08AM Indian Bank: As per Q3FY26 business update provided by the bank, the total business jumped 13.4% YoY to Rs 14.30 lakh crore Vs Rs 12.61 lakh crore. Gross advances were up 14.5% to Rs 6.40 lakh crore Vs Rs 5.59 lakh crore. Total deposits increase 12.5% to Rs 7.90 lakh crore Vs Rs 7.02 lakh crore YoY.

  • Indian Bank

    20 Mar 2025 , 9:49AM Indian Bank board to mull fund raising plan on 20th March'25: Indian Bank said that its board is scheduled to meet on Thursday, 20 March 2025, to consider raising funds. Positive

  • Indian Bank

    27 Sep 2024 , 11:35AM The board has approved the raising of additional long-term infrastructure bonds aggregating up to Rs 5,000 crore in one or more tranches during the current or subsequent financial year. This fundraising is in addition to the Rs 5,000 crore already raised by the bank in fiscal 2025.

  • Indian Bank

    13 Dec 2023 , 10:40AM Indian Bank has launched a QIP to raise up to Rs. 4,000 crores at a floor price of Rs. 414 per share.

  • Indian Bank opens Rs. 4000 cr QIP issue

    22 Jun 2021 , 10:38AM Indian Bank rises over 5% to Rs. 153.1, after the lender launches its qualified institutional placement

  • Indian Bank

    25 May 2021 , 11:44AM Indian Bank: Bank Board Bureau has recommended Shanti Lal Jain for the position of MD & CEO of the bank.

  • Indian Bank

    20 May 2021 , 9:31AM Indian Bank: Public sector lender Indian Bank is planning to raise up to Rs 1,500 crore capital through additional tier I bonds (AT1 bonds) of Rs 500 crore and tier II bonds of Rs 1,000 crore to enhance its capital profile. As of December 31, 2020, total capital adequacy ratio (CAR) stood at 14.06 per cent and tier 1 CAR was at 11.18 per cent. The bank's common equity tier I (CET 1) continues to be relatively strong at 10.35 per cent as of December 31, 2020.

  • Indian Bank

    11 May 2021 , 11:49AM Indian Bank: Rating agency CARE Ratings has assigned 'CARE AAA, Outlook Stable' rating to the bank’s proposed Basel III Tier 2 Bonds of Rs 1,000 crore and 'CARE AA, Outlook Stable' rating to its proposed Basel III Additional Tier 1 (AT1) perpetual Bonds of Rs 500 crore.

  • Indian Bank

    6 May 2021 , 12:50PM The bank has declared the NPA account of Saravana Stores with an outstanding balance of Rs 231 crore as fraud.

  • Indian Bank

    6 May 2021 , 11:15AM Indian Bank: The bank has declared the NPA account of Saravana Stores with an outstanding balance of Rs 231 crore as fraud.

  • Indian Bank

    10 Mar 2021 , 10:46AM Indian Bank: Committee of Directors in its meeting held yesterday has accorded approval for raising of equity capital of the Bank aggregating upto Rs 4000.00 crore (including premium) through Qualified Institutions Placement (QIP) in one or more tranches subject to all statutory and regulatory approvals in this regard.

  • Indian Bank

    8 Mar 2021 , 11:18AM The Directors of the Bank in its meeting held on date i.e. 15.03.2021 accorded in-principal approval for partial/full disinvestment of Bank's stake in Bank's Joint Venture ASREC (India) Ltd as part of asset monetisation exercise. The Bank holds 38.26% stake in ASREC (India) Ltd. ASREC is an asset reconstruction company in which Bank of India, Union Bank of India, LIC and Deutsche Bank are the shareholders. The company's authorised equity capital was Rs 125 crore and the aggregate paid-up equity and other equity was Rs 146.01 crore as of March 31, 2019.

  • Indian Bank

    5 Mar 2021 , 11:19AM Indian Bank: The bank has declared as fraud three Non Performing Accounts (NPA) and reported to RBI as per regulatory requirement. The three accounts are S Kumars Nationwide Ltd, Priya Ltd. and Yuvaraj Power Projects Ltd with total exposure of Rs 35.3 crores (~96% provided already). The bank will also have a meeting of Committee of Directors of the Bank on 09th March 2021, inter-alia, to consider the modes/modalities of raising the equity capital of the Bank within the aforesaid overall limit of Rs 4000/- crore (including premium) which was announced earlier.

  • Indian Bank

    4 Mar 2021 , 12:03PM CRISIL Ratings Ltd. has reaffirmed their outstanding rating on Bank's outstanding/proposed Tier 1, Tier 2 and Infrastructure Bonds and has revised their outlook to Stable from Negative. Consequently, the bank’s AT 1 bonds are rated CRISIL AA/Stable (from AA/Negative earlier).

  • Indian Bank

    3 Mar 2021 , 10:39AM Indian Bank held an extra-ordinary general meeting (EGM) to seek shareholders nod for raising equity capital up to Rs 4,000 crore via QIP etc.

  • Indian Bank

    2 Feb 2021 , 10:07AM Indian Bank: The bank declared five NPA accounts, including Cox & Kings and Era Infra Engineering, having Rs 148.03 crore exposure as fraud.

  • Indian Bank

    20 Jan 2021 , 12:24PM Indian Bank: The Board of Directors of the Bank in its meeting scheduled to be held on Friday, the 22ndJanuary 2021 will also consider a proposal for raising of fund/equity capital by the Bank through QIP/FPO/Rights issue and/or in combination thereof.

  • Shriram Transport Finance, Indian Bank

    14 Jan 2021 , 10:30AM Shriram Transport Finance: The Company has completed the issuance and allotment of U.S.$ 500 Mn (coupon of 4.40 % Senior Secured Notes due 2024) under the U.S.$ 3,000 Mn Global Medium Term Note Programme, through the relevant Common Depositories for a sum of U.S.$499.95 Mn.

  • Indian Bank

    16 Dec 2020 , 10:21AM The bank has stated that the fully provided Non Performing Account namely, IL&FS Financial Services Ltd. with outstanding dues of Rs 2408.00 crore has been declared as fraud and reported to RBI as per regulatory requirement.

  • Indian Bank

    15 Dec 2020 , 10:21AM Indian Bank: The bank has raised Rs 560 crore by issuing Basel III compliant AT 1 Perpetual Bonds ) at a coupon of 8.44% p.a. payable annually on a private placement basis.

  • Indian Bank

    9 Dec 2020 , 9:47AM Indian Bank: Raised tier-1 capital fund worth Rs 1,048 crore through private placement of Basel-III compliant AT-1 perpetual bonds. Coupon payable annually at 8.44%

  • Indian Bank

    16 Oct 2020 , 10:43AM Rating Agency India Ratings & Research has reaffirmed ratings of Indian Bank's outstanding Tier II bonds.

  • Indian Bank

    1 Oct 2020 , 11:28AM The bank has revised the base rate to 8.3 % from 9.15 % and the External Benchmark Lending Rate to 12.55 % from 13.4 % w.e.f from October 3.

  • Indian Bank

    16 Sep 2020 , 10:09AM The bank is planning to raise Rs 1,500-2,000 crore by selling additional tier-1 (AT1) bonds in the December quarter, depending on the market conditions and pricing environment. The bank had recently scrapped an AT1 bond issue for which investors were seeking a higher coupon than what it had anticipated. Indian Bank had reasonable capital positive with capital adequacy ratio (CRAR) at 13.45%, well over the regulatory minimum of 10.875%. The bank plans to raise up to Rs 2,000 crore this year through a combination of tier-1 and tier-2 capital, depending upon how credit growth takes place and restructuring of debt happens, and the details would be worked out after the end of the second quarter. Indian Bank's proposed bond sale would be part of its Rs 5,000 crore total capital raising plan in the next one year, as approved by its board.

  • Indian Bank

    21 Aug 2020 , 10:59AM Crisil Ratings has revised the outlook on state-run Indian Bank's four tier-2 bond issues worth a total Rs 1,600 crore to negative, while retaining the ratings of these debt instruments at AAA. It has also downgraded rating of Rs 500 crore worth additional tier 1 (AT1) bonds to AA from AA+ and revised the outlook to negative. The domestic ratings agency had indicated the negative outlook on debt instruments reflect the potential stress that the bank's asset quality and consequently its profitability may witness on account of the current challenging macro environment,

  • Indian Bank

    30 Apr 2020 , 10:40AM Has reduced MCLR by 30 basis points across various tenors with effect from May 3. One-Month MCLR is now at 7.55% while one-year MCLR at 7.8%.

  • Indian Bank

    31 Dec 2019 , 11:56AM The bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 5 basis points across tenors with effect from January 3, 2020. – Sentimentally Negative

  • Indian Bank's board approves fund raising

    20 Dec 2017 , 12:31PM The board of Indian Bank has accorded approval to the Bank to raise equity capital up to Rs7,000 Cr

  • Indian Bank raises fund to finance infra, home loans

    22 Sep 2017 , 11:56AM Indian Bank announces that it has raised Rs2,000 crore to finance infrastructure and affordable housing
Load More
Show Less

Key fundamentals

Evaluate the intrinsic value of Indian Bank stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 873410.6612 792619.1227 710500.7312 671668.0551 626005.0199
Liabilities 873410.6612 792619.1227 710500.7312 671668.0551 626005.0199
Equity 1346.964 1346.964 1245.4411 1245.4411 1129.3666
Gross Profit 6095.6046 3608.7061 -699.8395 -3113.7192 -2540.8041
Net Profit 10918.294 8062.9391 5281.7021 3944.8206 3004.6777
Cash From Operating Activities 17351.03 -8613.09 -27943 28732.1125 17062.4134
NPM(%) 17.6 14.49 11.75 10.15 7.68
Revenue 62002.158 55614.7776 44942.2129 38856.2207 39105.7865
Expenses 55906.5534 52006.0715 45642.0524 41969.9399 41646.5906
ROE(%) 13.65 10.08 6.6 4.93 3.75

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
10 Jun 2026 18.25 182.5 1.97 875.55
10 Jun 2025 16.25 162.5 1.97 576.5
07 Jun 2024 12 120 1.97 531.8
14 Jun 2022 6.5 65 1.97 144.25
08 Jul 2021 2 20 1.97 142.55
21 Jun 2018 6 60 1.97 313.9
02 Jun 2017 6 60 1.97 309.85
23 Jun 2016 1.5 15 1.97 90.05
23 Jun 2015 4.2 42 1.97 159.1
23 Jun 2014 1.7 17 1.97 121.5
20 Jan 2014 3 30 1.97 108
24 Jun 2013 6.6 66 1.97 159.8
25 Jun 2012 7.5 75 1.97 179.6
07 Jun 2010 4 40 1.97 219.8
04 Mar 2010 2.5 25 1.97 167.05
18 Jun 2009 3 30 1.97 112.55
09 Mar 2009 2 20 1.97 99.85
22 May 2008 4 40 1.97 144.7
15 Jun 2007 3 30 1.97 120.3

Peers

Other companies within the same industry or sector that are comparable to Indian Bank

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Equitas Small Finance Bank Ltd 66.48 -3.60 73.87 94146.93 12.88 0.00
Fino Payments Bank Ltd 125.18 3.57 19.87 6873.42 111.19 0.00
Central Bank of India 31.27 -7.81 6.25 747600.39 49.98 0.60
Kotak Mahindra Bank Ltd 384.15 0.87 19.81 164217.28 1939.16 0.13

Company Info

YEAR EVENTS 2000 - Mrs. Ranjana Kumar assumed charge as the Chairperson and Managing Director of Indian Bank. - The Bank has launched its vehicle loan and consumer loan schemes in select cities viz., Bangalore, Chandigarh, Chennai, Coimbatore, Ernakulam, Hyderabad, Kochi, Madurai, New Delhi, Tiruchi and Thiruvananthapuram. - Indian Bank is a scheduled public sector bank. - Indian Bak will launch a `Specialised Loan Scheme' to individuals for the construction or purchase of flat or house. - Indian Bank has launched a new trade financing scheme. 2001 - Sterling Infotech Ltd has tied up with Indian Bank to help students obtain low-cost finance for the Carnegie Technology education software engineering course. - Indian Bank has entered into a strategic tie-up with HDFC Standard Life Insurance for distribution of the latter's life insurance products. - Indian Bank has launched a scheme called `Cash Management Services' for speedy collection of outstation cheques. - Indian Bank has contributed Rs 62 lakh towards the Prime Minister's Relief Fund. 2003 - Indian Bank has associated with the M S Swaminathan Research Foundation (MSSRF), Chennai to sponsor a programme on agriculturists to be aired on the All India Radio. 2004 -Indian Bank gets best commercial bank award -Indian Bank on January 22, 2004, signed an agreement with Export Credit Guarantee Corporation of India to distribute the latter's credit insurance packages for exporters. -Indian Bank gets prize for granting loans to self-help groups (SHGs) in Andhra Pradesh -Indian Bank's Singapore branch launches ``Sunday remittance service' on the basis of what the bank saw as a need felt by the Indian nationals in the City-State -Indian Bank has introduced 'IB Swarna Abharana' a new loan product for buying gold jewellery -Indian Bank join hands with TimesofMoney for remittance solution -Indian Bank and Andhra Bank signed an agreement on June 28, 2004, to share their automated teller machine (ATM) facilities -Indian Bank and Corporation Bank on July 12 signed an agreement to share their ATM network -Indian Bank join hands with TimesofMoney for remittance market -United India Insurance Company is launching `Arogya Raksha', a scheme to provide mediclaim coverage in association with Indian Bank -Indian Bank introduces online money transfer service for NRIs in US -Indian Bank unveils 4 new loan schemes - Ties-up with Tamil Nadu Newsprint and Papers Ltd (TNPL) for financing farmers taking up farm forestry project with the sponsorship of TNPL 2005 -Indian Bank has signs the papers with the National Exchange Company of Doha, Mussandum Exchange Company of Oman and Abu Dhabi-based UAE Exchange Company for money transfer business -Indian Bank ties up with three overseas cos for money transfer --Indian Bank sets up new branch in Delhi 2006 -Indian bank in negotiations with LIC -Indian Bank sets up new branch in Mumbai -Indian Bank launches Bharat Card HISTORY AND CERTAIN CORPORATE MATTERS The Bank was incorporated on March 5, 1907 under the Indian Companies Act, 1882 as "Indian Bank Limited" and commenced operations on August 15, 1907. The Head Office of the Bank was set up at Parry's Buildings, Parry's Corner in Chennai (then known as Madras) and was shifted to Bentincks Buildings on Rajaji Salai (then known as North Beach Road), Chennai in July 1910. Subsequently, in May 1970, the Head Office was shifted to its present location with its address as 31, Rajaji Salai, Chennai, in a building which stands on the same site as Bentinck's Building. On February 8, 2003 the Head Office was renumbered as 66, Rajaji Salai, Chennai 600 001, India. Pre Nationalisation The Bank commenced business as "Indian Bank Limited" at Madras. The Bank opened its first overseas branch in Colombo, Sri Lanka, in 1932. In 1962, the Bank acquired the businesses of Royalaseema Bank, the Bank of Alagapuri, Salem Bank, the Mannargudi Bank and the Trichy United Bank. Post Nationalisation The Bank was nationalised on July 19, 1969. After nationalisation, the Bank was renamed Indian Bank. The Bank of Thanjavur Limited (with 157 branches) was amalgamated with the Bank 1990. The first RRB, Sri Venkateswara Grameena Bank, was sponsored by the Bank in 1981. Restructuring Plan The Bank experienced some financial setbacks in the 1990's consequent upon the introduction of prudential norms by the RBI and other factors and incurred losses in 1994 and during the period from fiscal 1996 to fiscal 2001. The Bank submitted a Restructuring Plan 2000-03 in June 2000 to the Government of India (the "Plan") seeking, inter alia, recapitalisation for improving the financial strength of the Bank, to reach the required capital adequacy ratio of 9% and to meet the gap created by application of the prudential income recognition norms. The Plan was a comprehensive package of various initiatives such as structural, operational and business growth initiatives including: 1. Elimination of one tier in place of the four-tier structure; 2. Introduction of customer-centered products and service and delivery channels and segmentation of the business into corporate, credit intensive, commercial, personal and rural banking branches; 3. Rationalisation of branches; 4. Development of a more flexible and pragmatic compromise settlement policy; 5. Framing, revising Policies in all operational areas; 6. Increasing staff motivation and involvement; 7. Introduction of a voluntary retirement scheme; and 8. Upgrading of technology. The Plan was operational with effect from September 30, 2000. Under the Plan, we were provided assistance of Rs. 3,250 million for implementation of a voluntary retirement scheme and Rs. 2,710 million for implementation of a technological upgradation plan, which are repayable (with a moratorium of three years) over a period of 66 months and 60 months, respectively. Key Milestones 1932 - The Bank opened its Colombo branch. 1941 - The Bank opened its Singapore branch 1962 - The Bank acquired the Royalaseema Bank, the Bank of Alagapuri, the Salem Bank, the Mannargudi Bank and the Trichy United Bank 1969 - The Bank was nationalized. It was appointed as the lead bank for nine districts in the States of Tamil Nadu, Andhra Pradesh and Kerala and the Union Territory of Pondicherry. 1970 - The Head Office of the Bank was shifted to its own building 1981 - The first regional rural bank sponsored by the Bank, Sri Venkateswara Grameena Bank, was founded 1989 - Indbank Merchant Banking Services Ltd was incorporated as a subsidiary of the Bank 1990 - Bank of Thanjavur Limited (with 157 branches) was amalgamated 1991 - Ind Bank Housing Limited was incorporated as a subsidiary 1994 - Indfund Management Limited was established to manage the operations of Indian Bank Mutual Fund 1995 - The Bank's own training establishment, Indian Bank Management Academy for Growth & Excellence (IMAGE) established. 2002-03 - The Bank received an award from NABARD for best performance under SHG in Tamil Nadu and Andhra Pradesh. 2004-05 - The Bank entered into strategic alliance with Mahindra & Mahindra Limited and TAFE Limited for pushing up tractor usage among farmers 2004-05 - Core Banking Solution was implemented by the Bank in 2 branches on December 22, 2004 2006-07 - The Bank entered into a strategic alliance with Oriental Bank of Commerce and Corporation Bank 2006 -Indian Bank launches Bharat Card 2007 -Indian has appointed Shri. M S Sundara Rajan as Chairman and Managing Director of the Bankwith effect from June 04, 2007. - Indian Bank has informed that in exercise of the powers conferred by Clause (f) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 / 1980 read with sub-clause (1) & (2) of Clause 9 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, after consultation with the Reserve Bank of India, has, vide notification dated November 22, 2007, nominated Shri. T T Natarajan, Senior Manager and Secretary General, Indian Bank Officers Association as Officer Employee Director on the Board of Directors of the Bank for a period of three years from the date of the notification or till he ceases to be an officer of the Bank or until further orders, whichever is the earliest. -Indian Bank rolls out biometric-enabled smart cards 2008 - Indian Bank has appointed Shri. Anup Sankar Bhattacharya as a whole time director (designated as Executive Director). -Indian Bank has informed that: "Indian Bank has signed an Agreement with Reliance Capital Asset Management Ltd. to act as a Corporate Agent to sell the Mutual Fund products of Reliance Mutual Fund . 2009 - Indian Bank has brought down its Benchmark Prime Lending Rate (BPLR) by 50 basis points to 12 per cent from 12.50 per cent with effect from June 1. Meanwhile, the bank has increased interest rates on FCNR (B) as well as NRE deposits effective from June 1. - Indian Bank has informed about the appointment of the following three Statutory Central Auditors (SCAs) of the Bank for the year 2009-10 in place of the three retiring SCAs viz. (1) M/s. R. Subramanian & Company, Chartered Accountants (2) R. Gopal & Associates, Chartered Accountants and (3) M/s. Grandhy & Co., Chartered Accountants. (1) M/s. Suri & Co., Chartered Accountants, Chennai. (2) M/s. Kalyanasundaram & Co., Chartered Accountants, Chennai. (3) M/s. Chandran & Raman, Chartered Accountants, Chennai. - For its contribution towards lending revolving fund and loans to the Self Help Groups during 2008-09, Indian Bank bagged 5 State awards from the State government. -Indian Bank has joined hands with Tata Motors for financing its range of passenger cars. Under the MoU, the bank will offer loans at an interest rate of 11.5 per cent to customers buying Tata Motors' passenger cars. 2010 - Indian Bank has launched visa business card to address the credit card and payment requirements of corporates and small and medium enterprise (SME) clientele segments. 2011 -An increase in bank's benchmark prime lending rate (BPLR) by 0.25 percent.The BPLR is the interest rate charged to their most trust worthy customers by the commercial bank. The bank's BPLR has increased to 13.50 from 13.25. all the changes made in the BPLR can be regulated by the bank, but it has to be under compliance of the BPLR fixed. -India bank loans provisional up 21.38% on year: RBI. -Indian Bank launches e-Treasury service. -Indian Bank has appointment of the following Statutory Central Auditor (SCA). 2012 -Indian Bank reduces home, car loan rates by up to 50 bps. - Scheme of Amalgamation of M/s. lndfund Management Limited, a wholly owned subsidiary of the Bank with Indian Bank, Indian Bank. 2013 -Indian Bank inaugurates two ATM centres at Chennai airport. -Indian Bank and United India Insurance Company (UIIC) have launched a webportal offering online entry and renewal of group insurance policies. 2014 -The Board has also declared an Interim Dividend of Rs. 3.00 (30%) per Equity Share and the Final Equity Dividend of Rs. 1.70 (17%) per Equity Share of face value of Rs. 10/- each -Indian Bank revises interest rates on foreign currency 2017 - Indian Bank has launched a unique, easy & hassle free home loan product "IB Home Enrich" for repairs and renovation of residential dwelling units. -National Award for Excellence in Lending to Micro Enterprises during 2015-16 - First Rank and National Award for Excellence in MSE Lending by Public Sector Banks during 2015-16 - Second Rank to Indian Bank. -Indian Bank (IB) has launched Three unique, easy-to-use, environment friendly, Tech products to overcome the effects of Demonetization for its customers without coming to the Branches. 2019 -Indian Bank, Muthoot Microfin sign MoU. -Indian Bank - In Principle Approval Of Alternative Mechanism (AM) To Amalgamation Of Allahabad Bank 2020 -Indian Bank Celebrates 114Th Foundation Day 14.08.2020 -Indian Bank Inaugurates Amalgamated Branches In Chennai 31.08.2020 -Indian Bank Conducts Vehicle Loan Mela 25.09.2020 -Indian Bank Inaugurates Customer Acquisition Processing Centre (Capc),Chennai Branch 05.10.2020 -Indian Bank starts fifth batch of MSME Prerana 18.12.2020. -Indian Bank received award from Government of West Bengal 2021 -Indian Bank Launches new Vision & Mission Statement of the Bank. -Indian Bank signs MOU with The Chennai Angels for financing Start-ups -Indian Bank signs MoU with BSNL & MTNL -Indian Bank Sponsored utility vehicle to Blue Cross India. -Indian Bank signs MoU with PCI. 2022 -Indian Bank unveils the Dynamic QR Code bill payment system for CESC, Mysuru. -Indian Bank launches new initiatives under Project WAVE. -Indian Bank launches MSME Prerana in Rajasthan. -Indian Bank signs MOU with Honda. -Indian Bank opens Digital Banking Unit in Delhi. 2023 -Indian Bank Launches 24 New Resources Acquisition Centres taking its RAC strength to 75. -Indian Bank partners with Intellect Design Arena for the implementation of Innovative Cash Management Service Platform for Corporate and Institutional customers. -Indian Bank signs MoU with DHBVNL for payment gateway services. -Indian Bank launches IB SAATHI to revolutionize Financial Inclusion. -Indian Bank partnered with Maruti Suzuki India Ltd for Supply-chain Finance. 2024 -Indian Bank Inaugurates Specialized MSME Branches in Ambattur and Coimbatore. -Indian Bank Hosts Chief Economic Advisor Dr V Anantha Nageswaran at IMAGE Chennai. -Indian Bank Partners with Aparajitha Foundation to Empower Youth through Life Skills Education.-Indian Bank partners with Tata Power Solar Systems Limited for residential solar adoption. -Indian Bank Launches 24 New Resources Acquisition Centres taking its RAC strength to 75. -Indian Bank launches the Indian Bank One Co-Branded Credit Card a tech enabled credit card powered by Visa and RuPay.2025-Indian Bank partners with Escorts Kubota Ltd to provide tractor financing services.-Indian Bank Launched a bouquet of banking products: `Senior Konnect'branch to Digital Journey.-Indian Bank Launches Exclusive NRE Savings Account Variants and Premium Debit Cards for NRIs.-Indian Bank Inaugurates New Branch premises at Airport Authority of India, Lucknow.-Indian Bank Partners with ACE Limited to Empower Farmers withEasy Financing Solutions.

YEAR EVENTS 2000 - Mrs. Ranjana Kumar assumed charge as the Chairperson and Managing Director of Indian Bank. - The Bank has launched its vehicle loan and consumer loan schemes in select cities viz., Bangalore, Chandigarh, Chennai, Coimbatore, Ernakulam, Hyderabad, Kochi, Madurai, New Delhi, Tiruchi and Thiruvananthapuram. - Indian Bank is a scheduled public sector bank. - Indian Bak will launch a `Specialised Loan Scheme' to individuals for the construction or purchase of flat or house. - Indian Bank has launched a new trade financing scheme. 2001 - Sterling Infotech Ltd has tied up with Indian Bank to help students obtain low-cost finance for the Carnegie Technology education software engineering course. - Indian Bank has entered into a strategic tie-up with HDFC Standard Life Insurance for distribution of the latter's life insurance products. - Indian Bank has launched a scheme called `Cash Management Services' for speedy collection of outstation cheques. - Indian Bank has contributed Rs 62 lakh towards the Prime Minister's Relief Fund. 2003 - Indian Bank has associated with the M S Swaminathan Research Foundation (MSSRF), Chennai to sponsor a programme on agriculturists to be aired on the All India Radio. 2004 -Indian Bank gets best commercial bank award -Indian Bank on January 22, 2004, signed an agreement with Export Credit Guarantee Corporation of India to distribute the latter's credit insurance packages for exporters. -Indian Bank gets prize for granting loans to self-help groups (SHGs) in Andhra Pradesh -Indian Bank's Singapore branch launches ``Sunday remittance service' on the basis of what the bank saw as a need felt by the Indian nationals in the City-State -Indian Bank has introduced 'IB Swarna Abharana' a new loan product for buying gold jewellery -Indian Bank join hands with TimesofMoney for remittance solution -Indian Bank and Andhra Bank signed an agreement on June 28, 2004, to share their automated teller machine (ATM) facilities -Indian Bank and Corporation Bank on July 12 signed an agreement to share their ATM network -Indian Bank join hands with TimesofMoney for remittance market -United India Insurance Company is launching `Arogya Raksha', a scheme to provide mediclaim coverage in association with Indian Bank -Indian Bank introduces online money transfer service for NRIs in US -Indian Bank unveils 4 new loan schemes - Ties-up with Tamil Nadu Newsprint and Papers Ltd (TNPL) for financing farmers taking up farm forestry project with the sponsorship of TNPL 2005 -Indian Bank has signs the papers with the National Exchange Company of Doha, Mussandum Exchange Company of Oman and Abu Dhabi-based UAE Exchange Company for money transfer business -Indian Bank ties up with three overseas cos for money transfer --Indian Bank sets up new branch in Delhi 2006 -Indian bank in negotiations with LIC -Indian Bank sets up new branch in Mumbai -Indian Bank launches Bharat Card HISTORY AND CERTAIN CORPORATE MATTERS The Bank was incorporated on March 5, 1907 under the Indian Companies Act, 1882 as "Indian Bank Limited" and commenced operations on August 15, 1907. The Head Office of the Bank was set up at Parry's Buildings, Parry's Corner in Chennai (then known as Madras) and was shifted to Bentincks Buildings on Rajaji Salai (then known as North Beach Road), Chennai in July 1910. Subsequently, in May 1970, the Head Office was shifted to its present location with its address as 31, Rajaji Salai, Chennai, in a building which stands on the same site as Bentinck's Building. On February 8, 2003 the Head Office was renumbered as 66, Rajaji Salai, Chennai 600 001, India. Pre Nationalisation The Bank commenced business as "Indian Bank Limited" at Madras. The Bank opened its first overseas branch in Colombo, Sri Lanka, in 1932. In 1962, the Bank acquired the businesses of Royalaseema Bank, the Bank of Alagapuri, Salem Bank, the Mannargudi Bank and the Trichy United Bank. Post Nationalisation The Bank was nationalised on July 19, 1969. After nationalisation, the Bank was renamed Indian Bank. The Bank of Thanjavur Limited (with 157 branches) was amalgamated with the Bank 1990. The first RRB, Sri Venkateswara Grameena Bank, was sponsored by the Bank in 1981. Restructuring Plan The Bank experienced some financial setbacks in the 1990's consequent upon the introduction of prudential norms by the RBI and other factors and incurred losses in 1994 and during the period from fiscal 1996 to fiscal 2001. The Bank submitted a Restructuring Plan 2000-03 in June 2000 to the Government of India (the "Plan") seeking, inter alia, recapitalisation for improving the financial strength of the Bank, to reach the required capital adequacy ratio of 9% and to meet the gap created by application of the prudential income recognition norms. The Plan was a comprehensive package of various initiatives such as structural, operational and business growth initiatives including: 1. Elimination of one tier in place of the four-tier structure; 2. Introduction of customer-centered products and service and delivery channels and segmentation of the business into corporate, credit intensive, commercial, personal and rural banking branches; 3. Rationalisation of branches; 4. Development of a more flexible and pragmatic compromise settlement policy; 5. Framing, revising Policies in all operational areas; 6. Increasing staff motivation and involvement; 7. Introduction of a voluntary retirement scheme; and 8. Upgrading of technology. The Plan was operational with effect from September 30, 2000. Under the Plan, we were provided assistance of Rs. 3,250 million for implementation of a voluntary retirement scheme and Rs. 2,710 million for implementation of a technological upgradation plan, which are repayable (with a moratorium of three years) over a period of 66 months and 60 months, respectively. Key Milestones 1932 - The Bank opened its Colombo branch. 1941 - The Bank opened its Singapore branch 1962 - The Bank acquired the Royalaseema Bank, the Bank of Alagapuri, the Salem Bank, the Mannargudi Bank and the Trichy United Bank 1969 - The Bank was nationalized. It was appointed as the lead bank for nine districts in the States of Tamil Nadu, Andhra Pradesh and Kerala and the Union Territory of Pondicherry. 1970 - The Head Office of the Bank was shifted to its own building 1981 - The first regional rural bank sponsored by the Bank, Sri Venkateswara Grameena Bank, was founded 1989 - Indbank Merchant Banking Services Ltd was incorporated as a subsidiary of the Bank 1990 - Bank of Thanjavur Limited (with 157 branches) was amalgamated 1991 - Ind Bank Housing Limited was incorporated as a subsidiary 1994 - Indfund Management Limited was established to manage the operations of Indian Bank Mutual Fund 1995 - The Bank's own training establishment, Indian Bank Management Academy for Growth & Excellence (IMAGE) established. 2002-03 - The Bank received an award from NABARD for best performance under SHG in Tamil Nadu and Andhra Pradesh. 2004-05 - The Bank entered into strategic alliance with Mahindra & Mahindra Limited and TAFE Limited for pushing up tractor usage among farmers 2004-05 - Core Banking Solution was implemented by the Bank in 2 branches on December 22, 2004 2006-07 - The Bank entered into a strategic alliance with Oriental Bank of Commerce and Corporation Bank 2006 -Indian Bank launches Bharat Card 2007 -Indian has appointed Shri. M S Sundara Rajan as Chairman and Managing Director of the Bankwith effect from June 04, 2007. - Indian Bank has informed that in exercise of the powers conferred by Clause (f) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 / 1980 read with sub-clause (1) & (2) of Clause 9 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, after consultation with the Reserve Bank of India, has, vide notification dated November 22, 2007, nominated Shri. T T Natarajan, Senior Manager and Secretary General, Indian Bank Officers Association as Officer Employee Director on the Board of Directors of the Bank for a period of three years from the date of the notification or till he ceases to be an officer of the Bank or until further orders, whichever is the earliest. -Indian Bank rolls out biometric-enabled smart cards 2008 - Indian Bank has appointed Shri. Anup Sankar Bhattacharya as a whole time director (designated as Executive Director). -Indian Bank has informed that: "Indian Bank has signed an Agreement with Reliance Capital Asset Management Ltd. to act as a Corporate Agent to sell the Mutual Fund products of Reliance Mutual Fund . 2009 - Indian Bank has brought down its Benchmark Prime Lending Rate (BPLR) by 50 basis points to 12 per cent from 12.50 per cent with effect from June 1. Meanwhile, the bank has increased interest rates on FCNR (B) as well as NRE deposits effective from June 1. - Indian Bank has informed about the appointment of the following three Statutory Central Auditors (SCAs) of the Bank for the year 2009-10 in place of the three retiring SCAs viz. (1) M/s. R. Subramanian & Company, Chartered Accountants (2) R. Gopal & Associates, Chartered Accountants and (3) M/s. Grandhy & Co., Chartered Accountants. (1) M/s. Suri & Co., Chartered Accountants, Chennai. (2) M/s. Kalyanasundaram & Co., Chartered Accountants, Chennai. (3) M/s. Chandran & Raman, Chartered Accountants, Chennai. - For its contribution towards lending revolving fund and loans to the Self Help Groups during 2008-09, Indian Bank bagged 5 State awards from the State government. -Indian Bank has joined hands with Tata Motors for financing its range of passenger cars. Under the MoU, the bank will offer loans at an interest rate of 11.5 per cent to customers buying Tata Motors' passenger cars. 2010 - Indian Bank has launched visa business card to address the credit card and payment requirements of corporates and small and medium enterprise (SME) clientele segments. 2011 -An increase in bank's benchmark prime lending rate (BPLR) by 0.25 percent.The BPLR is the interest rate charged to their most trust worthy customers by the commercial bank. The bank's BPLR has increased to 13.50 from 13.25. all the changes made in the BPLR can be regulated by the bank, but it has to be under compliance of the BPLR fixed. -India bank loans provisional up 21.38% on year: RBI. -Indian Bank launches e-Treasury service. -Indian Bank has appointment of the following Statutory Central Auditor (SCA). 2012 -Indian Bank reduces home, car loan rates by up to 50 bps. - Scheme of Amalgamation of M/s. lndfund Management Limited, a wholly owned subsidiary of the Bank with Indian Bank, Indian Bank. 2013 -Indian Bank inaugurates two ATM centres at Chennai airport. -Indian Bank and United India Insurance Company (UIIC) have launched a webportal offering online entry and renewal of group insurance policies. 2014 -The Board has also declared an Interim Dividend of Rs. 3.00 (30%) per Equity Share and the Final Equity Dividend of Rs. 1.70 (17%) per Equity Share of face value of Rs. 10/- each -Indian Bank revises interest rates on foreign currency 2017 - Indian Bank has launched a unique, easy & hassle free home loan product "IB Home Enrich" for repairs and renovation of residential dwelling units. -National Award for Excellence in Lending to Micro Enterprises during 2015-16 - First Rank and National Award for Excellence in MSE Lending by Public Sector Banks during 2015-16 - Second Rank to Indian Bank. -Indian Bank (IB) has launched Three unique, easy-to-use, environment friendly, Tech products to overcome the effects of Demonetization for its customers without coming to the Branches. 2019 -Indian Bank, Muthoot Microfin sign MoU. -Indian Bank - In Principle Approval Of Alternative Mechanism (AM) To Amalgamation Of Allahabad Bank 2020 -Indian Bank Celebrates 114Th Foundation Day 14.08.2020 -Indian Bank Inaugurates Amalgamated Branches In Chennai 31.08.2020 -Indian Bank Conducts Vehicle Loan Mela 25.09.2020 -Indian Bank Inaugurates Customer Acquisition Processing Centre (Capc),Chennai Branch 05.10.2020 -Indian Bank starts fifth batch of MSME Prerana 18.12.2020. -Indian Bank received award from Government of West Bengal 2021 -Indian Bank Launches new Vision & Mission Statement of the Bank. -Indian Bank signs MOU with The Chennai Angels for financing Start-ups -Indian Bank signs MoU with BSNL & MTNL -Indian Bank Sponsored utility vehicle to Blue Cross India. -Indian Bank signs MoU with PCI. 2022 -Indian Bank unveils the Dynamic QR Code bill payment system for CESC, Mysuru. -Indian Bank launches new initiatives under Project WAVE. -Indian Bank launches MSME Prerana in Rajasthan. -Indian Bank signs MOU with Honda. -Indian Bank opens Digital Banking Unit in Delhi. 2023 -Indian Bank Launches 24 New Resources Acquisition Centres taking its RAC strength to 75. -Indian Bank partners with Intellect Design Arena for the implementation of Innovative Cash Management Service Platform for Corporate and Institutional customers. -Indian Bank signs MoU with DHBVNL for payment gateway services. -Indian Bank launches IB SAATHI to revolutionize Financial Inclusion. -Indian Bank partnered with Maruti Suzuki India Ltd for Supply-chain Finance. 2024 -Indian Bank Inaugurates Specialized MSME Branches in Ambattur and Coimbatore. -Indian Bank Hosts Chief Economic Advisor Dr V Anantha Nageswaran at IMAGE Chennai. -Indian Bank Partners with Aparajitha Foundation to Empower Youth through Life Skills Education.-Indian Bank partners with Tata Power Solar Systems Limited for residential solar adoption. -Indian Bank Launches 24 New Resources Acquisition Centres taking its RAC strength to 75. -Indian Bank launches the Indian Bank One Co-Branded Credit Card a tech enabled credit card powered by Visa and RuPay.2025-Indian Bank partners with Escorts Kubota Ltd to provide tractor financing services.-Indian Bank Launched a bouquet of banking products: `Senior Konnect'branch to Digital Journey.-Indian Bank Launches Exclusive NRE Savings Account Variants and Premium Debit Cards for NRIs.-Indian Bank Inaugurates New Branch premises at Airport Authority of India, Lucknow.-Indian Bank Partners with ACE Limited to Empower Farmers withEasy Financing Solutions.

Parent Organisation

Indian Bank

Founded

05/03/1907

Managing Director

Mr.Binod Kumar

NSE Symbol

INDIANBEQ

FAQ

Invest Better, Trade Faster — Install Now.

Mirae Asset Sharekhan App

Recommended

Open App

Browser

Continue
OPEN FREE* DEMAT ACCOUNT