Indian Bank has received approval for raising additional Long Term Infrastructure Bonds aggregating upto Rs 5000 crore over and above Rs 10000 crore already raised by the Bank in current FY 2024-25, in one or more tranches during the current or subsequent financial year at an opportune time based on the requirement for financing/refinancing of Infrastructure and Affordable Housing in compliance with applicable RBI guidelines and other applicable laws, rules and regulations. The Board of Directors of the Bank in its meeting held on March 20, 2025, inter alia, approved the same.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
