Indian Bank
HDFC Mutual Fund increased its stake in Indian Bank from 3.62% to 3.64%, purchasing 276,217 shares.
A public sector bank established in 1907, Indian Bank provides comprehensive financial services including deposits, loans, and treasury operations to customers across India. The bank operates through four main business segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations, serving both individual and institutional customers with a diverse range of banking solutions and financial products tailored to their needs.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.