The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan
29 Mar 2020 12:33 PM
It will be offering loans to large corporates and medium enterprises that are in the standard category
25 Mar 2020 5:14 PM
In a competitive world where businesses are rewarded for high growth, the risk management often takes the back seat.
19 Nov 2019 3:45 AM
The RBI has mandated all banks to link their loans with external benchmarks, such as repo
26 Sep 2019 9:08 AM
Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.
17 Sep 2019 9:00 AM
The police questioned Nadar as he was part of the department and after initially denying having played any role, he spilt the beans, officials said.
16 Sep 2019 3:42 AM
Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.
03 Sep 2019 3:46 PM
The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore.
17 Feb 2019 4:21 PM
The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks.
11 Dec 2018 1:32 PM
Interest rates for deposits of three years and above, but less than four years have been fixed at 4.06 per cent.
06 Oct 2018 4:33 PM
The bank had reported a profit of Rs 319.70 crore in the same period of 2016-17.
10 May 2018 4:11 PM
Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.
06 Nov 2017 1:30 PM
The bank is also reviving its home finance subsidiary Ind Bank Housing.
06 Aug 2017 11:52 AM
Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.
21 Jul 2017 1:03 PM
Revised interest rates have been fixed at 2.43 per cent for deposits of one year and above.
04 Jul 2017 6:37 PM
Bank has reduced the base rate from 9.65 per cent to 9.45 per cent.
05 May 2017 10:36 AM
Total income in the reported quarter increased marginally to Rs 4,601.89 crore against Rs 4,522.73 crore.
25 Apr 2017 5:04 PM
There are over 20 railway reservation offices across the city with little or no arrangement for digital payment.
13 Dec 2016 2:29 AM
For deposits of upto five years, the interest rates were fixed at 3.29 per cent from existing 2.86 per cent.
08 Dec 2016 3:35 PM