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Indian Bank’s log Q2 standalone net profit of Rs 412 cr

Indian Bank’s log Q2 standalone net profit of Rs 412 cr

🕔17:22, 22.Oct 2020

New Delhi, Oct 22  Indian Bank on Thursday reported a standalone net profit of Rs 412.28 crore for the July-September quarter. In a statement, it said that during the corresponding period of the last fiscal, the bank had reported a

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Despite stay on BOB, Indian Bank classifies loan exposure to Reliance Home Finance as fraud

Despite stay on BOB, Indian Bank classifies loan exposure to Reliance Home Finance as fraud

🕔15:47, 25.Sep 2020

New Delhi, Sep 25  Despite a stay by Delhi High Court on Bank of Baroda as the lead bank, Indian Bank has classified its loan exposure to Reliance Home Finance as fraud. Indian Bank has classified its exposure to Reliance

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Moody’s changes outlook for Indian banking to ‘negative’

Moody’s changes outlook for Indian banking to ‘negative’

🕔17:34, 2.Apr 2020

New Delhi, April 2 Moody’s Investor Service on Thursday changed the outlook for the Indian banking system to negative as stress on the sector is likely to rise with the coronavirus outbreak and higher defaults. The Moody’s report said that

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N.Korean cyberattack looted $13.5mn from Indian bank: UN

N.Korean cyberattack looted $13.5mn from Indian bank: UN

🕔10:13, 29.Mar 2019

United Nations, March 29  Starved for foreign funds due to UN sanctions, North Korea carried out a $13.5 million cyber heist of Cosmos Bank using a network across 28 countries by breaking its internal safety measures, according to the world

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Indian Bank Q3 profit down by 50% to Rs 152 crore

Indian Bank Q3 profit down by 50% to Rs 152 crore

🕔09:56, 26.Jan 2019

Chennai, Jan 26  Public sector lender Indian Bank on Friday announced about a 50 per cent fall in its standalone net profit for the third quarter ended on December 31 in the back drop of an increased provision for bad

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Indian Bank says most of its Rs 1,800-crore loan to IL&FS is ‘good’

Indian Bank says most of its Rs 1,800-crore loan to IL&FS is ‘good’

🕔19:58, 9.Nov 2018

Chennai, Nov 9 (IANS) Indian Bank, which has lent over Rs 1,800 crore to Infrastructure Leasing and Financial Services Ltd (IL&FS), on Friday said that most of its loans to the crisis-hit company were ‘good’. “The bank’s exposure to IL&FS is

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Public Sector Banks: SHIELD FROM GOVT MEDDLING…

Public Sector Banks: SHIELD FROM GOVT MEDDLING…

🕔10:35, 30.May 2018

Public Sector Banks SHIELD FROM GOVT MEDDLING By Dhurjati Mukherjee  Public sector banks are underperforming and are mostly in the red due to increase in non-performing assets. Even the largest bank of the country, the State Bank of India (SBI)

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IOC, banks, sportspersons join cleanliness drive

IOC, banks, sportspersons join cleanliness drive

🕔13:44, 2.Oct 2014

Chennai, Oct 2  The Indian Oil Corporation (IOC), two nationalised banks Indian Bank and Indian Overseas Bank (IOB), and several sports personalites Thursday joined efforts in the Clean India Campaign. According to the IOC, apart from its top officials, noted

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