Indian Bank - Daily Stock Picks

Posted by admin in Companies, Mid Term Picks on Jun 16th, 2010 | no responses

Indian Bank Stock Analysis

Indian Bank has 1756 Branches and 1005 ATMs by the end of March Quarter. The net-worth has jumped to Rs 7047 Crore from Rs 5880 Crore in the last year.
Business has crossed Rs 1.5 lakh crore mark
Board has approved to raise upto Rs 1000 crore of tier-2 capital
Net Profit and Revenue are expected to post an annual compound growth of 13% and 17% between 2009 and 2012

Source: Sakshi Business News

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