Indian Bank (NSE: INDIANB)

India flag India · Delayed Price · Currency is INR
541.15
+3.55 (0.66%)
Dec 24, 2024, 3:30 PM IST
31.28%
Market Cap 728.91B
Revenue (ttm) 284.77B
Net Income (ttm) 98.71B
Shares Out 1.35B
EPS (ttm) 74.45
PE Ratio 7.27
Forward PE n/a
Dividend 12.00 (2.23%)
Ex-Dividend Date n/a
Volume 845,690
Open 540.40
Previous Close 537.60
Day's Range 535.25 - 542.70
52-Week Range 408.00 - 632.70
Beta 0.95
Analysts n/a
Price Target n/a
Earnings Date Jan 23, 2025

About Indian Bank

Indian Bank provides various banking products and services. The company offers deposit products, including savings bank and current accounts, term deposits, and non resident Indian (NRI) accounts. It also provides agriculture, MSME, corporate, online, home, mortgage, vehicle, personal, educational, and jewel loans; supply chain finance; 59 minutes loans; loan/OD against deposits, NSC/KVP/ relief bonds of RBI/LIC policies; and other retail/personal loans. In addition, the company provides digital products, including IndOASIS, internet and SMS ba... [Read more]

Sector Financials
Founded 1907
Employees 40,251
Stock Exchange National Stock Exchange of India
Ticker Symbol INDIANB
Full Company Profile

Financial Performance

In 2023, Indian Bank's revenue was 259.70 billion, an increase of 38.97% compared to the previous year's 186.88 billion. Earnings were 84.19 billion, an increase of 51.09%.

Financial Statements

News

Money laundering case against two Chennai firms: ED restores properties worth Rs 25 crore to Indian Bank

The Enforcement Directorate has returned properties worth Rs 25 crore to Indian Bank after probing a case where two Chennai-based firms, Nafisa Overseas and Safa Leathers, cheated the bank using forge...

25 days ago - The Times of India

FSIB Recommends Binod Kumar as MD & CEO of Indian Bank

The Financial Services Institutions Bureau (FSIB) has recommended Shri Binod Kumar for the position of Managing Director and Chief Executive Officer (MD & CEO) of Indian Bank. This decision comes afte...

4 weeks ago - Business Upturn

Indian Bank: Stock 16.85% below 52-week high, 37.38% above 52-week low

Indian Bank (NSE: INDIANB) has exhibited a steady performance, maintaining its position between its 52-week high and low. On November 14, 2024, the stock closed at ₹536.95, which is 16.85% below its 5...

5 weeks ago - Business Upturn

Indian Bank shares surge over 10% post strong Q2 FY25 results

Indian Bank shares soared over 10% following the announcement of its Q2 FY25 results, which showcased significant improvements in asset quality and profitability. The bank’s Gross Non-Performing Asset...

2 months ago - Business Upturn

Indian Bank Q2 FY25 Results: Gross NPA at 3.48% vs 3.77% QoQ; Net Profit up 36% YoY

Indian Bank announced its Q2 FY25 results, showing significant improvement in asset quality on a quarter-over-quarter basis. The bank’s Gross Non-Performing Assets (GNPA) declined to 3.48% from 3.77% ...

2 months ago - Business Upturn

Indian Bank Q2 FY25 Results: NII at ₹6,194.22 crore, up 24% YoY; Net Profit rises 36% YoY

Indian Bank has reported its Q2 FY25 financial results, showcasing strong growth in key metrics. The Net Interest Income (NII), calculated as interest earned minus interest expended, stood at ₹6,194.2...

2 months ago - Business Upturn

PSU banks today: UCO Bank rises 3.06%, Indian Bank up 0.13%, while Central Bank falls 1.20%, IOB declines 1.15%

As of 10:27 AM, PSU banks showed a mix of movements, with UCO Bank emerging as the top gainer, up 3.06% to ₹47.08. Indian Bank followed with a minor gain of 0.13% at ₹519.35, and Bank of Baroda also a...

2 months ago - Business Upturn

AGS Transact wins Rs 50 crore contract extension from Indian Bank for transaction reconciliation

AGS Transact Technologies Limited (AGSTRA) has recently informed exchanges that the company received a three-year contract extension from Indian Bank Ltd. for card and non-card transaction reconciliat...

2 months ago - Business Upturn

Indian Bank reports 9.8% YoY growth in total business for Q2 FY24

Indian Bank has announced its financial performance for the quarter ending September 2024, highlighting significant growth in its business. The bank reported a 9.8% year-on-year (YoY) increase in tota...

2 months ago - Business Upturn

Indian Bank, Bank of Baroda, Canara Bank among top PSU Bank gainers; UCO Bank, Bank of India slip

As of 11:27 AM, Public Sector Undertaking (PSU) banks displayed a mixed trend. Indian Bank led the gainers, rising by 3.82% to ₹535.65, followed by Bank of Baroda, which gained 3.22% to trade at ₹252....

2 months ago - Business Upturn

Top Nifty Midcap 100 gainers: Bharti Hexacom, BSE, Indian Bank, Coforge, Oil India, Lupin, Yes Bank lead the rally

The Nifty Midcap 100 index saw strong performances from several stocks in early trade. Bharti Hexacom led the pack with a gain of 4.61%, trading at ₹1,450.90. BSE followed closely, rising 3.96% to ₹4,...

2 months ago - Business Upturn

PSU banks stocks: Union Bank, Indian Bank, Uco Bank, PNG, and Bank of Baroda lead losses

At the time of publishing, PSU bank stocks are experiencing a decline across the board, with key players showing significant losses. Here’s how major PSU banks are performing: Union Bank of India: Dow...

2 months ago - Business Upturn

Indian Bank revises lending rates, effective from October 3, 2024

Indian Bank has announced revisions to its Treasury Bills Linked Lending Rates (TBLR), Base Rate, and Benchmark Prime Lending Rate (BPLR). These changes will take effect on October 3, 2024, following ...

3 months ago - Business Upturn

Indian Bank Board approves additional Rs 5000 crore in long-term infrastructure bonds

Indian Bank’s Board has approved raising an additional Rs. 5000 crore in Long-Term Infrastructure Bonds for the financial year 2024-25. This brings the total amount to Rs. 10,000 crore, which will be ...

3 months ago - Business Upturn

Banks need to adapt to changing customer preferences to remain competitive: CEA Nageswaran

Chief economic advisor V Anantha Nageswaran highlighted the necessity for banks to adapt to changing customer preferences and market dynamics. During an event by Indian Bank, he emphasized agriculture...

3 months ago - The Times of India

1,500 properties up for grabs at Times Assets Fair

Discover over 1,500 properties worth more than 1,000 crore at the Times Assets Fair organized by Indian Bank and Times of India. Buy residential, commercial, industrial properties in Chennai, Bengalur...

4 months ago - The Times of India