Indian Bank declares dividend of ₹18.25 per share, approves ₹5,000 crore fund raise
Published on: July 8, 2026, 11:02 p.m. | Source: scanx.trade
Indian Bank's AGM on June 17, 2026, approved a dividend of ₹18.25 per share for FY 2025-26 and the adoption of audited accounts for the year ended March 31, 2026. The bank reported robust growth with total business at ₹14.95 lakh crore and net profit at ₹12,156 crore. Shareholders also sanctioned raising up to ₹5,000 crore in equity capital and extended the tenure of Executive Director Shri Ashutosh Choudhury.
