Indian Bank gets nod to raise 5,000 crore via QIP, FPO

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2025-07-16 03:43:09 -

Indian Bank's Annual General Meeting in June approved a special resolution, empowering the bank to raise up to ₹5,000 crore. This capital infusion will be facilitated through various methods, including Qualified Institutional Placement, follow-on public offers, and rights issues.

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