The Board of Directors of Indian Bank approved the Bank’s results for the Quarter ended March 31, 2018 and the AUDITED RESULTS FOR THE FULL YEAR ENDED March 2018 at their meeting held in Chennai n Thursday, May 10. 2018
FY 2017 – 2018 HIGHLIGHTS (YoY)
Operational Efficiency – Business Parameters – Assets Quality – Capital Adequency/Networth – Q4 2017 -18 – YoY – National Goals – Position as on 31.03.2018 – Customer Touch Point – Key Awards and Accolades – FY 2017 – 18 – New Technology Initiatives – Dividend were detailed in this meeting.
Indian Bank has informed the Exchange that the Board of Directors of the Bank has, in the meeting held on May 10, 2018 recommended payment of dividend of 6.00 (60%) per Equity Share of face value of 10/- each for the year 2017-18, subject to declaration of the same by the shareholders of the Bank in the ensuing Annual General Meeting. The equity dividend, if declared at the ensuing Annual General Meeting, will be paid within 30 days from the date of the Annual General Meeting.