Indian Bank News

NCLAT Grants Banks Permission to Take Action Against Former IL&FS Directors Amid Financial Controversy

NCLAT allows Canara Bank and Indian Bank to pursue actions against former IL&FS directors not in the new board, while protecting current members. The decision marks a pivotal momen...

Binod Kumar Appointed as New MD and CEO of Indian Bank, Succeeding Shanti Lal Jain

Indian Bank welcomes Binod Kumar as its new MD and CEO, replacing Shanti Lal Jain. Kumar, with a rich background at PNB, is set to lead the bank into a new chapter of growth and in...

Indian Bank Fined by Sri Lanka Central Bank Over Financial Reporting Violations

The Central Bank of Sri Lanka has fined state-owned Indian Bank Rs 5.8 lakh for non-compliance with the Financial Transactions Reporting Act, as reported by Indian Bank to the bour...

Indian Bank Fined by Central Bank of Sri Lanka for Non-Compliance

The Central Bank of Sri Lanka penalizes Indian Bank for non-compliance with the Financial Transactions Reporting Act, imposing a fine of approximately Rs 5.8 lakh. The bank operate...