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Indian Bank Latest News

06

May, 2021

Indian Bank slips on declaring NPA account of Saravana Stores as fraud

Indian Bank is currently trading at Rs. 113.25, down by 1.10 points or 0.96% from its previous closing of Rs. 114.35 on the BSE.

The scrip opened at Rs. 114.30 and has touched a hig...

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06

May, 2021

Indian Bank declares NPA account of Saravana Stores as fraud

Indian Bank has declared the NPA account of Saravana Stores with an outstanding balance of Rs 231 crore as fraud. Non-performing account (NPA) Saravana Stores (Gold Palace) has been declared as fraud and reported to RBI as per ...

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10

Mar, 2021

Indian Bank rises on getting nod to raise Rs 4,000 crore via QIP

Indian Bank is currently trading at Rs. 137.10, up by 1.80 points or 1.33% from its previous closing of Rs. 135.30 on the BSE.

The scrip opened at Rs. 138.60 and has touch...

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10

Mar, 2021

Indian Bank gets nod to raise Rs 4,000 crore via QIP

Indian Bank has received an approval for raising of equity capital of the bank aggregating up to Rs 4,000 crore (including premium) through qualified institutions placement (QIP) in one or more tranches. The fund ra...

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08

Mar, 2021

Indian Bank gains on getting nod to divest stake in ASREC India

Indian Bank is currently trading at Rs. 140.00, up by 0.85 points or 0.61% from its previous closing of Rs. 139.15 on the BSE.

The scrip opened at Rs. 142.30 and has touched a high ...

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06

Mar, 2021

Indian Bank gets nod to divest stake in ASREC India

Indian Bank’s board has accorded in-principle approval for partial/full divestment of the bank's stake in joint venture ASREC (India), as part of the monetisation of the bank's non-core assets. The b...

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05

Mar, 2021

Indian Bank slips on reporting three NPA accounts worth over Rs 35 crore as fraud to RBI

Indian Bank is currently trading at Rs. 138.55, down by 1.35 points or 0.96% from its previous closing of Rs. 139.90 on the BSE.

The scrip opened at Rs. 139.50 and has touched a hig...

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05

Mar, 2021

Indian Bank reports three NPA accounts worth over Rs 35 crore as fraud to RBI

Indian Bank has reported three accounts as fraud to the Reserve Bank of India (RBI) with total outstanding of over Rs 35 crore. Three non-performing accounts (NPAs) are S Kumars Nationwide, Priya and Yuvaraj Power Projects. <...

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05

Mar, 2021

Indian Bank informs about committee meeting

Indian Bank has informed that the meeting of the committee of Directors of the bank is scheduled on 09/03/2021 to consider and approve the modes/ modalities of raising the equity capital of the Bank withi...

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19

Feb, 2021

Indian Bank signs MoU with SID

Indian Bank has entered into an Memorandum of Understanding (MOU) with Society for Innovation and Development (SID), an initiative of Indian Institute of Science, for extending exclusive credit facility to Start-ups...

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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