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Indian Bank posts Q2 net profit of Rs.150 crore

Indian Bank recently announced its results for the second quarter of the year, with the bank posting a net profit of Rs.150 crore during...

IBA suggests new wage hike formula to bank unions

Indian Banks’ Association (IBA) has suggested a new formula for a wage hike to bank unions. According to the proposal, the fixed hike is...

Indian Bank and Karur Vysya Bank hike lending rates

A day after the Reserve Bank of India (RBI) hiked the lending rate, both private and public-sector banks have started to raise the interest...

Indian Bank to offer two-tier interests rate for savings account deposits

The public sector lender (PSU), Indian Bank, one of the PSU lenders in India, announced a two-tier interest rate for its savings deposits. The...