SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Bank to raise Rs 1,000-cr capital

27 Sep 2010 Evaluate

Indian Bank plans to raise Tier-II capital of about Rs 1,000 crore in order to fund its growth needs during the second half of this fiscal. The bank would take a call on the exact amount to be raised and it may raise the capital through subordinate debt or Upper Tier II instruments to be used by November this year.

The bank is anticipating a loan growth of about Rs 16,000 crore during the current fiscal and for that it will need capital of about Rs 2,000 crore. The bank has already raised Rs 1,000 crore (Rs 500 crore each during the first two quarters of current fiscal) and another Rs 1,000 crore will be raised during the second half of this year. The bank had headroom to raise capital to the tune of about Rs 6,000 crore.

crackcrack

Indian Bank Share Price

951.20 -17.20 (-1.78%)
13-Apr-2026 11:27 View Price Chart
Peers
Company Name CMP
SBI 1044.30
PNB 109.55
Canara Bank 138.15
Bank Of Baroda 271.75
Union Bank Of India 181.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×