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Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO
In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.
Gray skies put tourists under monsoon’s magic spell
The monsoon season is attracting many travelers to various Indian destinations. Popular spots like Goa and Kerala are seeing increased tourist footfall this year. Hill stations in Himachal and Uttarakhand also report significant growth in hotel bookings. Overseas destinations like Tajikistan are experiencing a substantial rise in travel interest. Hotels and travel brands are offering attractive deals to boost seasonal tourism.
Indian Bank drops capital raising plan on lower ECL hit
Indian Bank has cancelled its planned share sale to raise funds. The lender's expected credit loss impact is now estimated lower than previously calculated. This revised calculation means the bank will not need to raise additional capital. The bank's net profit rose ten percent year-on-year in the fiscal first quarter. Gross advances and deposits also saw significant year-on-year growth.
Indian Bank drops capital raising plan on lower ECL hit
Indian Bank has cancelled its planned share sale to raise funds. The lender's expected credit loss impact is now estimated lower than previously calculated. This revised calculation means the bank will not need to raise additional capital. The bank's net profit rose ten percent year-on-year in the fiscal first quarter. Gross advances and deposits also saw significant year-on-year growth.
Earnings call transcript: Indian Bank Q1 2026 profit rises as stock jumps 9.8% - Investing.com
Earnings call transcript: Indian Bank Q1 2026 profit rises as stock jumps 9.8%Investing.com
Top Gainers & Losers on 10 July: Godrej Industries, Indian Bank, Kalyan Jewellers, Paytm, CDSL among top gainers - livemint.com
Top Gainers & Losers on 10 July: Godrej Industries, Indian Bank, Kalyan Jewellers, Paytm, CDSL among top gainerslivemint.com
Indian Bank gains as Q1 PAT rises 10% YoY to Rs 3,273 crore
Indian Bank gained 8.84% to Rs 863.85 after the bank reported a 10.10% year-on-year rise in standalone net profit to Rs 3,273.09 crore in Q1 FY27, compared with Rs 2,972.82 crore in Q1 FY26.
Indian Bank Shares Jump 10% After Q1 Profit Rises, Asset Quality Improves
Indian Bank on Friday reported a 10% year-on-year increase in net profit to Rs 3,273 crore for the quarter ended June 30, 2026, compared with Rs 2,973 crore a year earlier.
Indian Bank share price zooms 10% after announcement of Q1 results 2026 - livemint.com
Indian Bank share price zooms 10% after announcement of Q1 results 2026livemint.com
Explained - Key factors why PSU bank shares surged up to 10% on Friday
Indian Bank led the gains, surging as much as 9%, while State Bank of India, Canara Bank, Bank of Baroda, Bank of Maharashtra, Punjab National Bank (PNB) and Bank of India advanced between 2% and 9%.
Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat
PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.
Indian Bank consolidated net profit rises 47.46% in the June 2026 quarter
Total Operating Income rise 11.11% to Rs 18095.14 crore