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Latest Articles in indian bank

Plea In HC Against Appointment Of Auditors By Indian Bank

The association has claimed in its petition that according to the guidelines laid down by RBI, SBAs will have a tenure of four years and cannot be removed before that without prior approval of the top bank of the country.

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Indian Bank Gets Board Approval To Raise Rs 4,000 Cr From Share Sale

Total income during the quarter under review was Rs 11,421.34 crore, up from Rs 6,505.62 crore in the same period a year ago.

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Indian Bank clocks Q3 profit at Rs 514 crore

Indian Bank clocks Q3 profit at Rs 514 crore

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S&P affirms Indian Bank's BBB-minus/A-3 ratings with negative outlook

S&P affirms Indian Bank's BBB-minus/A-3 ratings with negative outlook

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Indian Bank Q2 Net Profit Rises 15% to Rs 412 Cr

The bank's net profit in July-September quarter of 2019-20 stood at Rs 358.56 crore.

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Indian Banks Say Government Interest Waiver Will Add To Costs, Spark Litigation

Bankers are also concerned about that waivers may distort the culture of lending in India and argue that there are other ways to help borrowers who are in need, such as providing subsidies or loan restructuring.

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Indian Bank Conducts Vehicle Loan Mela

Indian Bank launched “Festival Bonanza” for Home Loan & Vehicle Loan from 01.09.2020 to 31.01.2020 with attractive rate of interest and with special concessions to the women borrowers.

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Indian Bank Inaugurates Amalgamated Branches In Chennai

Indian Bank, the 7" largest PSB in the country, not only has Pan-India presence with its vast branch network but also has bouquet of digital products like Internet Banking and Mobile Banking for customers to make their banking transactions anytime, anywhere.

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Indian Bank Cuts One-year MCLR Rate By 5 Basis Points

The bank has decided to reduce the MCLR for one-year tenure by 5 basis points to 7.30 per cent effective from September 3, 2020, Indian Bank said in a regulatory filing.

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Tamil Nadu: ED attaches properties worth Rs 1.63 crores in bank fraud case

Tamil Nadu: ED attaches properties worth Rs 1.63 crores in bank fraud case

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Indian Government Keen To Speed Up Stake Sale In Four Banks

India currently has a dozen public sector banks in addition to IDBI, in which the government owns 47.11% while the state-owned insurance behemoth Life Insurance Corp owns a 51% stake.

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Growing NPAs – An Unending Nightmare For The Indian Banking Sector

Compared with most BRICS members, India fares quite poorly: China’s NPAs stand at 1.75%, Brazil’s at 3.69%, South Africa’s at 2.83%, while India’s NPAs are at approximately 9.85%.

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Indian Bank Q4 Net Loss Widens To Rs 218 Crore

Net profit for FY 20 was at Rs 753 crore with a year-on-year growth of 134 per cent over Rs 322 crore in FY 19.

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Indian Bank Staff Want Cleaner Branches Amid Coronavirus Deaths In Industry

The Finance Ministry and the Indian Banks' Association, an industry body representing lenders, did not immediately respond to a request for comment.

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Surana & Surana International Attorneys Advises Allahabad Bank For Merger With Indian Bank

Surana & Surana International Attorneys (SSIA) were appointed by Kolkata headquartered Allahabad Bank to conduct total due diligence for their merger into the Chennai Head Quartered Indian Bank.

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