Indian Bank on Friday said it has been empanelled as a Clearing and Settlement Bank with the Indian Clearing Corporation Ltd (ICCL).

Indian Bank empanelled as a Clearing and Settlement Bank with ICCL

RuPay card UPI: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, and Union Bank of India

RuPay card UPI: Google Pay allows UPI payments using RuPay credit cards; check details here

The users can now link their RuPay credit cards with Google Pay to pay at all online and offline merchants where RuPay credit cards are accepted. The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab N…

Google Pay launches RuPay credit cards support on UPI in India

Public sector lender Indian Bank said it would continue to make huge investments in IT infrastructure, building digital banking capabilities in FY24, as the Chennai-headquartered bank believes that a successful digital transformation would lead to increased profitability and provide strategic growth…

Indian Bank looking digital forward with large outlay

Central Bank of India, Indian Bank, Punjab & Sind Bank, Indian Overseas Bank and Bank of India also posted a growth of somewhere between 18 per cent and 52 per cent in net profit in 2022-23, while the bottom line of Punjab National Bank (PNB) declined 27.47 per cent YoY during the same period.

SBI, Bank of Baroda, PNB & other PSU lenders’ combined profit crossed Rs 1 lakh crore mark in FY23; which stock should you buy?

Indian Bank has started leveraging its newly-created digital platform to achieve sevenfold growth in digital business during the current fiscal, said its MD & CEO S.L. Jain.

Indian Bank eyes sevenfold growth in digital journey in FY24

Nifty advances for 3rd straight session; Closes near high. 36 out of 50 Nifty constituents advance; IndusInd Bank, Powergrid lead Nifty Midcap100 index closes flat; Sona BLW Precision, Balkrishna Industries lead Nifty Smallcap100 index up 0.2%; 51 out of 100 Nifty Smallcap index constituents advance. Nifty Realty index up 0.8%; Top sectoral gainer 8 out of 10 Nifty Realty constituents advance; Sobha, Macrotech Developers lead. Nifty Energy index hits 3-month high; Top sectoral gainer. 9 out of 10 Nifty Energy constituents advance; Powergrid, BPCL lead. Nifty PSU Bank index declines for 4th straight session; Top sectoral loser 9 out of 10 constituents of PSU Bank index decline; Punjab Sind Bank, Indian Bank drag most.  Watch the complete video now to know more.



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Motilal Oswal is bullish on Indian Bank recommended buy rating on the stock with a target price of Rs 360 in its research report dated May 08, 2023.

Buy Indian Bank; target of Rs 360: Motilal Oswal

After Punjab National Bank, Union Bank of India, Indian Bank, HDFC Bank, and Canara Bank, Axis Bank is the sixth bank to introduce Rupay credit cards on UPI.

RuPay Credit Card on UPI is now available for Axis Bank customers: Step-by-step guide to link

‘The bank is adequately capitalised. But in case of need, we have taken enabling provisions from the board and shareholders’

Our recovery is more than slippages: Indian Bank MD & CEO Shanti Lal Jain

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सभी सेगमेंट में अच्छी ग्रोथ देखने मिली... आगे एसेट क्वालिटी में सुधार होगा... डिपॉजिट ग्रोथ 8-10% रहने की उम्मीद : एस एल जैन, MD & CEO, इंडियन बैंक

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Mr. SL Jain, MD& CEO of Indian Bank In Talk With Anil Singhvi

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Indian Bank offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.

Indian Bank