#1
5th December 2017, 04:23 PM
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Indian Bank OD Loan
Hi buddy here I am looking for info related to Indian Bank Loan / OD against Deposits, so would you plz let me know about the same , as my one of the friend asking for it ??
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#2
6th December 2017, 10:59 AM
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Re: Indian Bank OD Loan
Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. As you want here I am telling info related to Indian Bank Loan / OD against Deposits, on your demand : Indian Bank Loan / OD against Deposits, Eligibility Term Deposit Holder of our Bank. Amount of Loan 90% of accrued value of deposit. Margin 10% on accrued value of deposit. Interest Rates 2% over the applicable rate for the Term Deposit pledged. Repayment * Flexible. * Maximum upto date of maturity of deposit. Security Pledge of Term Deposit. Salient Features For any bankable purpose. Bank profile: Type Public Traded as BSE: 532814 NSE: INDIANB Industry Banking, Financial services Founded 15 August 1907; 110 years ago Headquarters Chennai, India Key people kishore kumar kharat (MD & CEO) M K Bhattacharya & A S Rajeev Executive Directors Products Consumer Banking Corporate Banking Finance and Insurance Mortgage Loans Investment Banking Merchant Banking Private Equity Private Banking Savings wealth management Credit Cards Revenue 16,243.78 crore (US$2.5 billion) (2016) Operating income 3,032 crore (US$470 million) (2016) Net income 711.38 crore (US$110 million) (2016) Total assets 203,941.09 crore (US$32 billion) (2016) Owner Government of India Number of employees 20,924 (2017) Capital ratio 13.20% |