Indian Bank

NSE: INDIANB | BSE: 532814 | ISIN: INE562A01011 | Industry: Banks
| Strong Performer
704.5500 3.05 (0.43%)
NSE Sep 22, 2025 15:53 PM
Volume: 896.7K
 

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Indian Bank
03 Aug 2016
704.55
0.43%
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...
Indian Bank has an average target of 707.00 from 4 brokers.
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