Indian Bank

NSE: INDIANB | BSE: 532814 | ISIN: INE562A01011 | Industry: Banks
| Strong Performer
610.7500 -0.75 (-0.12%)
NSE May 20, 2025 15:31 PM
Volume: 4.4M
 

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Indian Bank
03 Aug 2016
610.75
-0.12%
Phillip Capital
Outlook and valuation: At a CAR of 13.2% (tier1 at 12.08%) Indian Bank is sufficiently capitalisedtofunditsneartermgrowth.Themanagementisalsotakingeffortsbyputting thrust on retail and SME to drive loan growth drivers in FY17, as demand from corporate loanswouldremainweak.Weexpectthetrendinslippagestoimproveasithasrecognised mostofNPAsinFY17andthebaggagefromexistingrestructuredloanbookwillnoterode theassetqualitysignificantly.WehaverevisedourearningsestimateforFY17andFY18by 32%and20%respectively,duetoimprovementinNIIandlowerNPAandhaverevisedour...
Emkay released a Buy report for Indian Bank with a price target of 675.0 on 04 May, 2025.
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