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Indian Bank raises Rs 5000 crore

14 Sep 2024 Evaluate

Indian Bank has raised Rs 5000 crore through the allotment of 7.24%, Senior, Rated, Listed, Unsecured, Redeemable, Long Term Fully Paid-up Non-Convertible Bonds in the nature of Debentures Series I. Date of Allotment is September 13, 2024. 

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 986.75
PNB 116.45
Bank Of Baroda 232.50
Canara Bank 123.05
Union Bank Of India 176.30
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