Indian Bk board to consider raising fund on Apr 29, may recommend dividend
This story was originally published at 19:50 IST on 22 April 2026
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MUMBAI – Indian Bank board will consider the proposal to raise capital at a meeting on Apr. 29, the bank said in a filing. The board will also consider the audited financial results for the March quarter and may recommend a dividend.
The bank had reported net profit of INR 30.61 billion and total income of INR 196.63 billion for the December quarter. On Wednesday, shares of the bank ended 0.5% higher at INR 925.35 on the National Stock Exchange. End
Reported by Meera Nair
Edited by Akul Nishant Akhoury
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