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Indian Bank planning to raise funds through various modes

20 Jan 2021 Evaluate

Indian Bank is planning to raise funds through QIP/FPO/Rights issue and/or in combination thereof. The Board of Directors of the Bank in its meeting scheduled to be held on January 22, 2021 will consider a proposal for raising of fund.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

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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