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2025-04-07 11:06:51 am | Source: Accord Fintech
Indian Bank falls despite reporting 7% rise in total deposits during Q4FY25
Indian Bank falls despite reporting 7% rise in total deposits during Q4FY25

Indian Bank is currently trading at Rs. 534.90, down by 10.80 points or 1.98% from its previous closing of Rs. 545.70 on the BSE.

The scrip opened at Rs. 535.70 and has touched a high and low of Rs. 539.20 and Rs. 519.50 respectively. So far 22752 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 626.35 on 03-Jun-2024 and a 52 week low of Rs. 474.05 on 13-Jan-2025.

Last one week high and low of the scrip stood at Rs. 556.60 and Rs. 519.50 respectively. The current market cap of the company is Rs. 72102.98 crore.

The promoters holding in the company stood at 73.84%, while Institutions and Non-Institutions held 22.42% and 3.74% respectively.

Indian Bank’s total deposits stood at Rs 7.37 lakh crore (provisional) as of March 31, 2025 (Q4FY25), posting an 7.12% rise in year-on-year (YoY) terms as against Rs 6.88 lakh crore as of March 31, 2024 and on quarter-on-quarter (QoQ) basis, total deposits stood at Rs 7.02 lakh crore as of December 31, 2024.

Its total Business grew 8.43% to Rs 13.25 lakh crore (provisional) as of March 31, 2025, as compared to Rs 12.22 lakh crore as of March 31, 2024. Its gross advances stood at Rs 5.88 lakh crore (provisional) as of Q4FY25, posting a 10.11% rise in year-on-year (YoY) terms against Rs 5.34 lakh crore as of Q4FY24 and in quarter-on-quarter (QoQ) basis stood at Rs 5.59 lakh crore as of December 31, 2024. 

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

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