Tag: Indian Bank

Community certificate rectifies historical injustice

R. Sundaram, who retired as a scale 3 officer, ran to prove the authenticity of his community certificate to avail retirement benefits.

March 19, 2023

Community certificate rectifies historical injustice: SC ends bankman’s 20-yr ordeal for justice

After serving the bank for 38 years, the appellant, two days before his superannuation received his cessation order without there being any proper enquiry.

March 19, 2023

IIT-Kanpur signs MoU with Indian Bank to support innovative startups

The Startup Incubation and Innovation Centre (SIIC), IIT-Kanpur, is one of the oldest incubators in the country.

February 17, 2023

Atal Pension Yojana total enrolments cross 4 crore

Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs 1000 to Rs 5000 per month from the age of 60 years, depending upon his contribution.

April 22, 2022

Indian banks face systemic risk, second COVID wave to impair performance: S&P

S&P said it expects the second wave to impair the performance of Indian financial institutions in the first half of fiscal year 2022, with much resting on the effectiveness of government measures to address this problem.

June 30, 2021

Indian Bank Q3 profit rise to Rs 514 crore; board approves raising Rs 4,000 crore from share sale

Bank’s gross non-performing assets (NPAs) also grew by 9.04 per cent during October-December 2020-21 from 7.20 per cent in the year-ago period.

January 22, 2021

Canara Bank, three other lenders buy equal stakes in fintech firm IBBIC

All four banks have acquired 6.67 per cent stake each (representing 50,000 equity shares) in firm for a cash consideration of Rs 5 lakh.

November 21, 2020

NPAs of BoB, Indian Bank surge multi-fold in 6 yrs: RTI data

The number of NPA accounts rose from 2,08,035 as on March 31, 2014, to 6,17,306 as of December 2019.

May 4, 2020

Indian Bank PO Results 2018 declared at indianbank.in | Check now

Due to a huge number of visitors on the official result website, the page may get slow. Candidates are advised to stay calm and try to refresh the result webpage after a while.

October 18, 2018

Indian Bank recruitment 2018: Admit card released on official website, check now at www.indianbank.in

All the candidates should note that the Indian Bank PO exam will be held on October 6, 2018. The examination is being held to fill approximately 417 posts.

September 28, 2018

Police hold rats responsible for burglar alarm in bank branch

A burglar alarm at a branch of the Indian Bank went off in Uttar Pradesh’s Shamli district on Monday triggering panic among locals and bringing the cops in large numbers.

September 4, 2018

Indian Bank PO recruitment 2018 for 417 posts | Online applications begin at indianbank.in

Indian Bank has invited applications for the post of 417 probationary officers with the public sector bank.

August 1, 2018

PSU banks suffer whopping Rs 87,000 cr loss, PNB tops the list

Only two banks, Indian Bank and Vijaya Bank, posted profits during 2017-18.

June 10, 2018

Indian Bank posts Rs 451 crore net profit

Public sector Indian Bank on Monday said it closed the second quarter which ended on September 30 with 11.45 per cent growth in its net profit over the comparable period in the previous fiscal. In a statement here, Indian Bank said it posted a net profit of Rs 451.54 crore for the quarter, up from...

November 6, 2017

CVC seeks data on fraud from banks

Anti-corruption watchdog CVC has sought details of all fraud reported to the CBI since 2001 by public sector banks to analyse the modus operandi followed by fraudsters, Vigilance Commissioner T M Bhasin said. The exercise is part of a first-of-its-kind initiative being undertaken by the Central Vigilance Commission aimed at bringing in systematic improvements in...

November 5, 2017

Government swaps MDs of Indian Bank and IDBI Bank

The central government has swapped places of the head honchos of the Indian Bank and the IDBI Bank, the Indian Bank said on March 20. In a regulatory filing, the Indian Bank informed the BSE that the central government in a notification on March 18, 2017, appointed Kishor Piraji Kharat, Managing Director (MD) and Chief...

March 21, 2017