Indian Bank raises Rs 5000 crore
Indian Bank has raised Rs 5000 crore through the allotment of 7.24%, Senior, Rated, Listed, Unsecured, Redeemable, Long Term Fully Paid-up Non-Convertible Bonds in the nature of Debentures Series I. Date of Allotment is September 13, 2024.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
