Indian Bank provides various banking products and services. It offers deposit products, including savings bank and current accounts, term deposits, and non-resident Indian (NRI) accounts. The company also provides agriculture, MSME, corporate, online, home, mortgage, vehicle, personal, educational, and jewel loans; supply chain finance; 59 minutes loans; loan/OD against deposits, NSC/KVP/ relief bonds of RBI/LIC policies; and other retail/personal loans. In addition, it offers digital products, including IndOASIS, internet and SMS banking, debit and credit cards, national common mobility cards, prepaid card, mutual funds, IPO, demat, and trading services; point of sale systems; online collection products; cash management services; and other products, services, and schemes. The company operates through multiple branches in India and overseas; as well as ATMs and BNAs. Indian Bank was incorporated in 1907 and is based in Chennai, India.
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5 years, 4 months ago
Indian Bank is currently in a long term uptrend where the price is trading 29.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.6.
Indian Bank's total revenue rose by 95.8% to $59B since the same quarter in the previous year.
Its net income has increased by 83.8% to $5B since the same quarter in the previous year.
Finally, its free cash flow fell by 0.0% to $-39B since the same quarter in the previous year.
Based on the above factors, Indian Bank gets an overall score of 4/5.