Indian Bank

NSE INDIANB.NS

Indian Bank Interest Coverage Ratio for the year ending March 31, 2024: -0.02

Indian Bank Interest Coverage Ratio is -0.02 for the year ending March 31, 2024, a -106.81% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Indian Bank Interest Coverage Ratio for the year ending March 31, 2023 was 0.24, a 64.10% change year over year.
Indian Bank Interest Coverage Ratio for the year ending March 31, 2022 was 0.15, a 18.14% change year over year.
Indian Bank Interest Coverage Ratio for the year ending March 31, 2021 was 0.12, a 24.64% change year over year.
Indian Bank Interest Coverage Ratio for the year ending March 31, 2020 was 0.10, a 328.97% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: INDIANB.NS

Indian Bank

CEO	Mr. Binod Kumar
IPO Date	March 1, 2007
Location	India
Headquarters	254-260, Avvai Shanmugam Salai
Employees	40,251
Sector	Finance
Industries Banking & Lending Fintech

Description

Indian Bank provides various banking products and services. The company offers deposit products, including savings bank and current accounts, term deposits, and non resident Indian (NRI) accounts. It also provides agriculture, group, personal/individual, MSME, corporate, education, and NRI loans. In addition, the company provides digital products; and applications supported by blocked amount and centralized pension processing services, as well as central schemes to provide interest subsidy. It operates through 5732 branches in India and 3 overseas branches; and 4925 ATMs and BNAs. The company was incorporated in 1907 and is based in Chennai, India.

Key trends

Past 5 years