Societe Generale bought 680,931 shares of Indian Bank for ₹62.99 crore at ₹925.00 apiece in a block deal.
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.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
