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The Latest Breaking News from Indian Bank

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

The Economic Times

Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26

Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer new bad loans and better recovery of existing ones. Banks like Bank of Baroda and Punjab National Bank reported their lowest write-offs in years. This signifies a…

The Economic Times

Indian banks remain stable despite margin pressure after RBI rate cut: Report

Indian banks are financially stable. Bad loans are under control. Profit margins face pressure from recent interest rate cuts. Banks are focusing on low-cost deposits. The West Asia conflict poses potential future risks. Banks are preparing for new credit loss frameworks. Overall, the banking sector shows resilience.

The Economic Times

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MSCI rejig: MCX, Indian Bank included, but RVNL, Kalyan Jewellers out

MSCI’s May 2026 index rejig kept India’s overall representation in the MSCI Standard Index unchanged at 165 stocks, even as four companies, including MCX and Indian Bank, were added and four others, such as Rail Vikas Nigam Limited and Kalyan Jewellers, were removed. The changes will take effect after market…

The Economic Times

CBI arrests Indian bank panel advocate in Kolhapur for accepting Rs 1.70 Lakh bribe

The advocate had initially demanded a bribe of Rs2.5 lakh, which was later negotiated down to Rs1.70 lakh, in exchange for deferring the possession of a mortgaged property under the SARFAESI Act. Read further on Dynamite News:

Dynamite News

RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

MUMBAI: The Reserve Bank on Monday said it has imposed penalties on three state-owned banks, including SBI and Indian Bank, for violation of various regulatory norms.

The Times of India

Tamil Nadu: Customer sues bank over deceased son’s education loan, gets Rs 55k compensation

CUDDALORE: A bank that demanded repayment Rs 21 lakh education loan from a man, even after his son’s death, has been ordered to pay Rs 55,000 as compensation for ‘deficiency of banking service.’

The Times of India

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Income Tax hoopsters take home the PSG Trophy

Income Tax (Chennai) edged past Indian Army (New Delhi) 75-71 in the 57th PSG Trophy all-India basketball tournament for men. Indian Bank (Chennai) won 3rd place, beating Indian Navy (Lonavala) 79-72. Income Tax's Arvind Muthukrishnan & Aravind Annadurai shone, while Indian Army's Y.P. Abhishek, Siva Saktivel & Sahil fought hard.…

The Hindu

Madras HC directs nationalised bank to return ₹55.50 lakh with 9% interest from 2012 to an auction purchaser of a residential house

Madras HC orders Indian Bank to refund ₹55.50 lakh, with 9% interest, to auction purchaser of house since he couldn't take possession due to it being on a water body. Bank criticised for not handing over property free of encumbrances & making purchaser run for refund. Judges agree petitioner suffered…

The Hindu

Sabir Pasha in line for India TD job after leaving CFC

CHENNAI: Syed Sabir Pasha, who parted ways with Chennaiyin FC on Wednesday after an eight-year stint as assistant coach, may join the All India Football Federation (AIFF) as technical director for the senior men's team. But it all depends whether the former India forward gets the necessary clearance from his…

The Times of India

Tamil Nadu: CBI court gives 3 year prison time for 30-year-old case

CHENNAI: A Special court for CBI cases in Chennai sentenced the deceased former Chairman and Managing Director of Indian Overseas Bank and Kiran Overseas Bank along with its directors to three years imprisonment for misappropriation of bank funds and causing financial risk to Indian Bank.

The Times of India

Tamil Nadu: CBI court sentences deceased bank chairman, directors to 3 year jail in 30-year-old case

The Times of India

Four Indian Bank officials sent to 3 years' rigorous imprisonment in Rs 30 cr loan scam

A special CBI court in Chennai has sentenced four senior Indian Bank officials and two others to three years' rigorous imprisonment with a Rs 10,000 fine each in a Rs 30 crore loan scam. Read more on Dynamite News:

Dynamite News

Four former top officials of Indian Bank sentenced to imprisonment of three years

Officials from Indian Bank were convicted and sentenced to three year-rigorous imprisonment with fine of ₹10,000 each

The Hindu

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The Hindu

Five get seven years’ RI in MUDA fraud case

Bengaluru A CBI Special Court has sentenced five persons, including a first division assistant of Ma

The Hindu

Supervisor of TASMAC outlet in Coimbatore stabbed

The police said two men who came on a motorcycle waylaid the scooter of Vijayanand when he was heading to Indian Bank branch at Mettupalayam.

The Hindu

ED acts against Saravana Stores Gold Palace, lottery businessman Santiago Martin

It attaches assets in two different cases

The Times of India

Bank manager arrested for swindling Rs 5.7 crore in Bengaluru

BENGALURU: A bank manager was arrested on Wednesday for allegedly diverting Rs 5.7 crore to 30 different accounts, including 28 in west Bengaluru.

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The Hindu

Delhi Women’s Commission issues notice to Indian Bank over discriminatory guidelines

NEW DELHI

The Times of India

Auto, home and personal loans become expensive with banks raising rates

NEW DELHI: Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike by RBI on Wednesday.

The Hindu

Auto, home, personal loans become expensive with banks raising rates

A number of national banks have raised lending rates for their customers after RBI raised the benchmark repo rate by 50 basis points

The Hindu

Banks sanction ₹ 222 crore loans at Azadi Ka Amrit Mahotsav programme

HYDERABAD

The Hindu

CBI books Saravana Stores Gold Palace for cheating Indian Bank

Accused persons entered into conspiracy, caused loss to the tune of ₹312 Crore

The Hindu

Home-grown banks making a mark

These institutions, with over 100 years of unique history, have made key contributions to the growth of the State

The Hindu

CBI arrests Chennai Port Trust official

Investigators arrested Assistant Superintendent Raghu Bernard in connection with the fraudulent fore-closure of the fixed deposits

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