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VERIFIEDET Stocks·positive
Indian Bank reports a Rs 1,388 crore gain from sale of NSE shares
AI Summary
- ·Indian Bank reported a Rs 1,388 crore gain from the sale of NSE shares.
- ·This gain increased the bank's second-quarter non-interest income by 50% to Rs 3,953 crore.
- ·The one-time gain helped offset Rs 123 crore in mark-to-market losses.