Indian Bank declares ₹18.25 dividend and ₹5,000 crore fund raise
Indian Bank announced a dividend of ₹18.25 per share and approved a ₹5,000 crore fund raise at its AGM. The bank reported a 12.79% YoY growth in total business, with net profit rising 11% to ₹12,156 crore, indicating strong operational performance.
pre-market1 source ↓written by the desknot a recommendation
- of its paid-up
- 182.50%
- fund raise
- ₹5,000 crore
- YoY growth
- 12.79%
- total business
- ₹14.95 lakh crore
- net profit rising
- 11%
Indian Bank declared a dividend of ₹18.25 per share, representing 182.50% of its paid-up equity capital, during its AGM on 17 June 2026. The bank also approved a ₹5,000 crore fund raise to support future growth.
Key financials include a 12.79% YoY growth in total business to ₹14.95 lakh crore, with net profit rising 11% to ₹12,156 crore. This strong performance may enhance investor sentiment in the banking sector.
Not investment advice. For informational purposes only.