• Tag results for Indian Bank

UPA weakened banking sector by giving loans blindly, says BJP

Slamming the UPA government for giving loans without doing the fact-check of projects, Goyal said, the previous government started distributing loans from 2006 that went on till 2014.

published on : 12th September 2018

Indian Bank-Chennai North Zone organise NRI meet

As a part of its initiative to enhance the Non-Resident Indian (NRI) business, Indian Bank—Chennai North Zone organised an NRI meet on Thursday. 

published on : 1st September 2018

Kerala floods to impact microlenders, general insurers, gold financiers and major banks

The agency, however, said that even though loan delinquencies will shoot up due to the floods that have claimed over 470 lives, the actual haircuts which the financiers will have to take will differ.

published on : 30th August 2018

Indian Bank opens new branch

The Indian Bank’s Stressed Asset Management Branch in Chennai, one among the seven branches to be opened all over the country to focus on Non Performing Assets (NPA), was inaugurated on Monday.

published on : 29th August 2018

South Indian Bank net profit nosedives in Q1

Kerala-based South Indian Bank has declared a net profit of Rs 23.04 crores for the first quarter of the financial year 2018-19 as against Rs 101.47 crores during the corresponding period last year.

published on : 22nd July 2018

Hemalatha brilliance helps Challengers wrest title

Riding on skipper D Hemalatha’s all-round display, Yellow Challengers defeated White Warriors by seven wickets in the final of the TNCAIndian Bank Trophy limited-over tournament for women.

published on : 1st July 2018

Indian Bank escapes fine of Rs 1 lakh as costs for denying educational loan

The Arni branch of Indian Bank has escaped from the levy of `one lakh as costs for not sanctioning educational loan to a bright student.

published on : 30th June 2018

In-form Niranjana cracks ton

N Niranjana’s unbeaten 115 enabled Green Invaders beat Silver Strikers by 26 runs in the Indian Bank Trophy T20 tournament for women, organised by TNCA. 

published on : 17th June 2018

Bad loans, bad bank — just do it

India’s banks, as on May 25, 2018, hold about Rs 110 lakh crore of hard-earned money belonging to the public.

published on : 17th June 2018

South Indian Bank plans raising Rs 520 crore via securities

Of the total Rs 520 crore to be raised, the bank said Rs 20 crore will be raised through equity capital and Rs 500 crore will be mopped up through bonds.

published on : 16th June 2018

UK court orders Vijay Mallya to pay costs to Indian banks

As part of the judgment, the court has also ordered Mallya, 62, to pay costs towards registration of the worldwide freezing order and of the Debt Recovery Tribunal of Karnataka's judgment in Britain.

published on : 15th June 2018

Banking services hit as employees' strike continues for 2nd day

Today is the last day of the two-day strike being observed by the United Forum of Banking Unions (UFBU), an umbrella organisation consisting all nine unions of the banking sector.

published on : 31st May 2018

RBI imposes Rs 5 crore penalty on South Indian Bank

The penalty has been imposed on the bank for non-compliance with the directions on Income Recognition and Asset Classification (IRAC) norms.

published on : 18th May 2018

South Indian Bank fourth quarter net jumps 51 per cent at Rs 114 crore

The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.

published on : 14th May 2018

Indian Bank to shift focus to retail, agriculture and MSME sectors

The lender, however, reported a 59 per cent decline in net profit for the fourth quarter ended March 31, due to the hardening of the bond yields and as provisions for bad loans more than doubled.

published on : 11th May 2018
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