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Indian Bank reports a Rs 1,388 crore gain from sale of NSE shares

Indian Bank reports a Rs 1,388 crore gain from sale of NSE shares

Indian Bank gained Rs 1,388 crore from the NSE listing, boosting second-quarter non-interest income by 50% to Rs 3,953 crore.

The one-time gain offset pressure from rising bond yields, despite Rs 123 crore in mark-to-market losses.

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