ALPHA TRIBE

Indian BankOthers, 15-07-2025: Shareholders meeting

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.

No comments yet. Be the first to comment!

All announcements from Indian Bank