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  • Indian Bank pays Rs 165.62 crore as dividend to govt Jul 28, 2015 02:36 PM IST

    Indian Bank pays Rs 165.62 crore as dividend to govt

    Public sector Indian Bank has paid a dividend of Rs 165.62 crore for the financial year 2014-15 to the Government.

  • NRIs can invest in NPS: PFRDA Jul 22, 2015 04:40 PM IST

    NRIs can invest in NPS: PFRDA

    "There was some ambiguity about whether to add NPS as eligible investment by NRI. So, we took up the matter with RBI and very recently they have given this clarification that NPS like insurance and mutual fund could also be eligible investment for NRIs, Hemant Contractor said at an event organised by PFRDA here.

  • 11 shortlisted for PSU banks MD post Jun 21, 2015 06:26 PM IST

    11 shortlisted for PSU banks MD post

    As many as 11 candidates have been shortlisted by a panel headed by RBI Governor Raghuram Rajan for the post of CEO and MD of five large public sector banks, including PNB, BoB and Canara Bank.

  • Stocks in news: ICICI, HUL, Cairn, L&T, TVS Motor, IndusInd Jun 11, 2015 08:10 AM IST

    Stocks in news: ICICI, HUL, Cairn, L&T, TVS Motor, IndusInd

    Sun Pharma | ICICI Bank | HUL | Cairn India | Tata Steel | IndusInd Bank | Larsen and Toubro | TVS Motor Company | Aurobindo Pharma | NDTV | Torrent Power | Alembic Pharma | Engineers India | BEML | Vascon Engineers | Bosch | Future Retail | SpiceJet | Nestle India and NBCC are stocks, which are in the news today.

  • Stocks in news: ITC, Hero, Tata Steel, Vedanta, Unitech Jun 09, 2015 08:13 AM IST

    Stocks in news: ITC, Hero, Tata Steel, Vedanta, Unitech

    ITC | HUL | Hero Motocorp | HDFC | HDFC Bank | Indian Bank | Tata Steel | Vedanta | Unitech | Jet Airways | Clariant Chemicals | Shasun Pharma | GSK Pharma and Pincon Spirit are stocks, which are in the news today.

  • Indian Bank cuts base rate by 30 bps Jun 04, 2015 09:58 PM IST

    Indian Bank cuts base rate by 30 bps

    Public sector Indian Bank has decided to cut its base rate for loans by 0.30 percentage point or 30 bps with effect from June 8.

  • Indian Bank Q4 net down 24% at Rs 206 crore May 14, 2015 03:25 PM IST

    Indian Bank Q4 net down 24% at Rs 206 crore

    The aggregate provision as on March 31 is Rs 290 crore, the bank said. During the March quarter, bank's net non-performing assets (NPAs) or bad loans slightly rose to 2.5 percent of the net advances as against 2.26 percent in the year ago period.

  • India Inc pitches for rate cut; RBI may not oblige Apr 07, 2015 08:41 AM IST

    India Inc pitches for rate cut; RBI may not oblige

    Reserve Bank Governor Raghuram Rajan in his annual monetary policy is expected to draw a balance between the need to cut interest rate and contain inflationary expectations. "Industry always wants rate cut.

  • Govt infuses Rs 6,690 cr in nine PSBs in FY 2015 Apr 01, 2015 08:42 PM IST

    Govt infuses Rs 6,690 cr in nine PSBs in FY 2015

    The government has infused capital of Rs 1,260 crore in Bank of Baroda, Rs 870 crore in Punjab National Bank, Rs 570 crore in Canara Bank, Rs 460 crore in Syndicate Bank and Rs 140 crore in Dena Bank, the banks said in separate filings to BSE on Wednesday.

  • Indian Bank revises interest rates Apr 01, 2015 02:30 PM IST

    Indian Bank revises interest rates

    For deposits of three years and above but less than four years, interest rates have been revised to 2.88 percent from the existing 3.01 percent.

  • Stocks in news: Wipro, Arvind, ICICI, Pennar Ind, Fortis Mar 30, 2015 08:25 AM IST

    Stocks in news: Wipro, Arvind, ICICI, Pennar Ind, Fortis

    Wipro | Grasim | ICICI Bank | GMR Infrastructure | Tata Motors | Union Bank of India | Pennar Industries | Tata Teleservices | JSPL | Fortis Healthcare | SpiceJet | Indian Hotels and Arvind are stocks, which are in the news today.

  • Buy Indian Bank; target of Rs 221: ICICIdirect Mar 27, 2015 05:13 PM IST

    Buy Indian Bank; target of Rs 221: ICICIdirect

    ICICIdirect.com is bullish on Indian Bank and has recommended buy rating on the stock with a target price of Rs 221, in its research report dated March 16, 2015.

  • Banks can raise funds from mkt to meet cap needs: Fin Min Mar 11, 2015 09:20 PM IST

    Banks can raise funds from mkt to meet cap needs: Fin Min

    In Budget, Finance Minister Arun Jaitley had proposed infusing Rs 7,940 crore funds next fiscal in the public sector banks to enable them maintain adequate capital. "We don't have fiscal space and banks are adequately capitalised for the moment. There is no immediate need to raise funds from the market," Adhia said.

  • Stocks in news: Rel Infra, Pipavav, Adani Power, JSW Steel Mar 05, 2015 08:37 AM IST

    Stocks in news: Rel Infra, Pipavav, Adani Power, JSW Steel

    SBI | Reliance Infrastructure | Pipavav Defence | Tata Motors | Unitech | Axis Bank | Tube Investments | Adani Power | Mahindra Holidays | Mastek | Tata Steel | IDBI Bank | Max India | SKS Microfinance | Cairn India | Gujarat Alkalies | JSW Steel | Asian Paints | Ramco Systems | Crompton Greaves are stocks, which are in the news today.

  • Stocks in news: SBI, L&T, Tata Steel, Crompton, Ipca, Jet Feb 09, 2015 08:33 AM IST

    Stocks in news: SBI, L&T, Tata Steel, Crompton, Ipca, Jet

    SBI | Bank of Baroda | Punjab National Bank | Bank of India | L&T | Tata Steel | Shasun Pharma | Supreme Infra | India Cements | Coal India | Marico | Cairn India | MTNL | Apollo Tyres | Kesoram | JSW Energy | J&K Bank | VA Tech Wabag | Ipca Labs | Jet Airways | Hero Motocorp and Crompton Greaves are stocks, which are in the news today.

  • Govt to infuse Rs 6,990 crore in 9 public sector banks Feb 07, 2015 03:24 PM IST

    Govt to infuse Rs 6,990 crore in 9 public sector banks

    The capital infusion has been decided based on the performance of the bank. Better the performance higher will be the infusion.

  • Stocks in news: Ranbaxy, Maruti, Eicher Motors, HCC, Berger Feb 02, 2015 08:20 AM IST

    Stocks in news: Ranbaxy, Maruti, Eicher Motors, HCC, Berger

    Sun Pharma | Ranbaxy Labs | Maruti Suzuki | Infosys | Tech Mahindra | Berger Paints | Thermax | Eicher Motor | HCC | Bharat Forge | Biocon | Jet Airways | Zuari Agro | DHFL | Power Grid | MTNL | Aegis Logistics | Torrent Power | Usha Martin | Grasim | Thomas Cook | GNFC | Heritage Foods | Ashoka Buildcon are stocks, which are in the news today.

  • Buy Indian Bank; target of Rs 245: ICICIdirect.com Jan 09, 2015 03:31 PM IST

    Buy Indian Bank; target of Rs 245: ICICIdirect.com

    ICICIdirect.com has recommended to buy Indian Bank in the range of Rs 194-199 for a target price of Rs 245 with a stop loss below Rs 175 on a closing basis, in its research report dated January 8, 2015.

  • Indian Bank- Better among south-based PSU banks:ICICIdirect Jan 06, 2015 06:09 PM IST

    Indian Bank- Better among south-based PSU banks:ICICIdirect

    ICICIdirect believes that, among south-based PSU banks, Indian Bank is well placed to benefit from the economic turnaround. The bank is adequately capitalised for future growth with Tier 1 capital adequacy ratio at 10.1%, says the research report.

  • Stocks in news: Infosys, Ranbaxy, L&T, Bharti, Fin Tech Nov 07, 2014 08:36 AM IST

    Stocks in news: Infosys, Ranbaxy, L&T, Bharti, Fin Tech

    Bharti Airtel | Infosys | Ranbaxy Labs | Sun Pharma | Hero Motocorp | Larsen and Toubro | Marico | Arvind | Jet Airways | ONGC | DLF | Financial Tech | JSW Steel | Axis Bank | MTNL | Edelweiss | Suzlon | Ashok Leyland | GSK Pharma | Canara Bank | Indian Bank | IRB Infrastructure and Karur Vysya Bank are stocks, which are in the news today.

  • Samvat 2071: Microsec handpicks 9 stocks for investment Oct 20, 2014 05:20 PM IST

    Samvat 2071: Microsec handpicks 9 stocks for investment

    Microsec has come out with its Diwali picks for 2014. The research firm has recommended 9 stocks for Samvat 2071.

  • Stocks in news: DLF, Cipla, Idea, Axis, ITC, Marico Kaya Sep 04, 2014 08:20 AM IST

    Stocks in news: DLF, Cipla, Idea, Axis, ITC, Marico Kaya

    Maruti Suzuki | Coal India | Cipla | DLF | Idea Cellular | SBI | PNB | Axis Bank | Canara Bank | ICICI Bank | IDBI Bank | Indian Bank | ITC | Larsen and Toubro | Eid Parry | Marico Kaya | TCS | JK Lakshmi | IndusInd Bank | HDIL | PVR | Jammu and Kashmir Bank are stocks, which are in the news today.

  • Fitch affirms 'BBB-' rating on 9 Indian banks Sep 03, 2014 07:19 PM IST

    Fitch affirms 'BBB-' rating on 9 Indian banks

    The Indian banking sector faces a challenging economic environment; although the new government's clear electoral mandate gives it the ability to pursue far-reaching economic reforms.

  • Indian Bank to revise interest rates on FCNR (B) deposits Aug 30, 2014 04:35 PM IST

    Indian Bank to revise interest rates on FCNR (B) deposits

    "For FCNR (B) deposits, in USD, the revised interest rate has been revised to 2.34 percent (from 2.36) for deposits of one year and above but less than two years", the Chennai-based bank said in a statement

  • Govt taking steps to professionalise PSB management: FM Aug 21, 2014 04:12 PM IST

    Govt taking steps to professionalise PSB management: FM

    Without specifying names of banks, the Finance Minister said "some recent incidences have been disturbing. I only hope that they are drop in the ocean. We have all learnt the lessons from such incidents, and there will be no repetition of them."

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