Foreign institutional investors (FIIs) have reduced their stake in Indian Bank by 73 basis points to 6.16 percent at the end of September 2014 quarter from 6.89 percent as on June 30, 2014. However, domestic institutional investors (DIIs) have raised their shareholding in the bank by 193 basis points to 8.41 percent in Q2FY15 from 6.48 percent as on June 30, 2014.
Meanwhile, non institutions were holding 3.92 percent stake at the end of September 2014, down 12 basis points from 5.12 percent as on June 30, 2014. While, corporate bodies were holding 0.7 percent stake at the end of September 2014, down 108 basis points from 1.78 percent as on June 30, 2014. Further, promoters’ shareholding was unchanged at 81.51 percent at the end of September 2014.
