Indian Bank — Others, 15-07-2025: Shareholders meeting
15-07-2025 | 06:55 pm
15-07-2025 | 06:55 pm
Indian Bank's Annual General Meeting approved the financial results for FY2024-25, showcasing robust performance. The bank recorded a net profit of ₹10,918 crore, a 35% surge, with total business crossing ₹13.25 lakh crore. Asset quality improved significantly, with net non-performing assets falling to a record low of 0.19%. Shareholders approved a dividend of ₹16.25 per equity share. The AGM also gave a nod to raise up to ₹5,000 crore in equity capital through various methods to support business growth, and key leadership appointments were affirmed.
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