Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

Indian banks’ bad loan ratio at 12-year low: RBI report

Indian banks’ bad loan ratio at 12-year low: RBI report

The sharp fall in bad loans of Indian banks to a 12-year low of 2.8% and strong GDP numbers will hel..

Indian Bank CEO speaks on growth targets in FY25

Indian Bank CEO speaks on growth targets in FY25

Indian Bank managing director and CEO Shanti Lal Jain has set stiff targets on recovery, loan growth..

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

The Reserve Bank of India (RBI) has directed Federal Bank and South Indian Bank to stop issuing new ..

Indian Overseas Bank plans to add 88 branches this year: CEO

Indian Overseas Bank plans to add 88 branches this year: CEO

Chennai-headquartered Indian Overseas Bank plans to open 88 branches during the year commemorating t..

Indian Bank plans to kick off subsidiary in FY25

Indian Bank plans to kick off subsidiary in FY25

After getting approval, Indian Bank is working on floating a wholly-owned subsidiary with capital in..

South Indian Bank Q3 net surges, asset quality improves

South Indian Bank Q3 net surges, asset quality improves

Private sector lender South Indian Bank reported a 197.19% rise in net profit to Rs 305.36 core for ..

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

An employee of South Indian Bank’s Noida branch has been booked for allegedly siphoning off more tha..

RBI fines SBI, Indian Bank, Punjab & Sind Bank

RBI fines SBI, Indian Bank, Punjab & Sind Bank

Reserve Bank of India (RBI) has fined three state-owned banks, including SBI, Indian Bank and Punjab..

RBI approves former Citibank MD as head of South Indian Bank

RBI approves former Citibank MD as head of South Indian Bank

The Reserve Bank of India has approved the appointment of PR Seshadri as managing director and CEO o..

Indian Bank Q1 net up 41% at Rs 1,709 crore

Indian Bank Q1 net up 41% at Rs 1,709 crore

State-owned Indian Bank reported a 41% year-on-year rise in net profit to Rs 1,709 crore for the Jun..

South Indian Bank Q1 net up 75% to Rs 202 cr

South Indian Bank Q1 net up 75% to Rs 202 cr

Thrissur-based South Indian Bank posted a 75% year-on-year rise in net profit for the fiscal first q..

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks which had exposure to the embattled Adani Group posted worst declines in their market c..

Why Indian banks need to worry less about demise of SVB

Why Indian banks need to worry less about demise of SVB

On 25 March, Finance Minister Nirmala Sitharaman asked the chiefs of state-run banks to be more vigi..

South Indian Bank’s turnaround story

South Indian Bank’s turnaround story

When Murali Ramakrishnan took guard at South Indian Bank as managing director and CEO, he had to bat..