MoneyWorks4Me

Indian Bank raises Rs 500 crore from Rural Electrification Corporation

01 Apr 2016 Evaluate

Indian Bank has successfully raised Rs 500 crore under Basel III compliant Additional Tier I Bonds on March 30, 2016 with a coupon of 11.15% per annum from Rural Electrification Corporation.

Indian Bank offers wide range of services in Personal Banking, Corporate Banking, Mobile banking and Phone banking etc.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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