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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.

Indian Bank Share Price

938.95 -1.75 (-0.19%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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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.

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