 
                  
Indian Bank reports 34% rise in net profit to Rs 690 crore in Q3
The total income during October-December 2021-22 grew to Rs 11,481.80 crore against Rs 11,167.86 crore in the year-ago period.
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The total income during October-December 2021-22 grew to Rs 11,481.80 crore against Rs 11,167.86 crore in the year-ago period.
 
                  
Indian Bank’s CEO said, “We are delighted to collaborate with IIM-B and three loans have already been approved.”
 
                  
The new initiative is part of Indian Bank's “Ind Spring Board for financing startups" that helps in empowering start-ups by providing them with financial support.
 
                  
 
                  
The merger also made Indian Bank the largest local shareholder of Universal Sompo General Insurance Company with Allahabad Bank's initial 28.52%
 
                  
Universal Sompo's profits grew by 146%
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