CHENNAI PRESS NEWS

Chennai, Oct 26, 2023: SL Jain, MD & CEO of Indian Bank today announced Half year / Quarter ended 30th September  2023 . He said that  Bank’s Global Business reached ₹11.33 lakh Cr and Net profit up by 62% YoY, Operating Profit up by 19% YoY. Press meet youtube video link 👇  Key Highlights (Quarter ended Sept 23 over Sept 22) Net Profit up by 62% YoY at ₹1988 Cr in Sep’23 from ₹1225 Cr in Sep’22 Profit Before Tax up by 75% YoY at ₹2752 Cr in Sep’23 from ₹1571 Cr in Sep’22 Operating Profit for Sep’23 up by 19% YoY at ₹4303 Cr from ₹3629 Cr in Sep’22 Net Interest Income increased by 23% YoY to ₹5741 Cr in Sep’23 from ₹4684 Cr in Sep’22 Fee based income grew by 11% YoY to ₹805 Cr in Sep’23 from ₹723 Cr in Sep’22 NIM (Domestic) increased to 3.52% in Sep’23 from 3.20% in Sep’22 Return on Assets (RoA) improved to 1.06% in Sep’23 from 0.71% in Sep’22 Return on Equity (RoE) improved by 607 bps to 19.90% in Sep’23 from 13.83% in Sep’22 Cost-to-Income Ratio stood at 44.36% in...

Honourable Shri V. Ramasubramanian, former judge of the Supreme Court of India, inaugurated the innovative centres Chennai, 26 Oct. 2023: First of its kind in South India, DAC Developers Pvt. Ltd., one of the Chennai's most trusted housing development companies , has launched Home Experience Centres at Medavakkam and Tambaram, comprising fully furnished houses that showcase everything from floors to roofs in cross-section so that buyers can visually inspect and physically touch and feel the materials that go into making their dream homes.  Inauguration Youtube video link 👇  Honourable Shri V. Ramasubramanian, former judge of the Supreme Court of India , inaugurated the innovative centres: a 1050 sq-ft, experience centre, and an 800 sq.ft one, modelled on the real housing units of DAC Developers two newly announced residential projects, DAC Medallion, Medavakkam and DAC Marshall, Tambaram respectively.  Talking about the Home Experience Centres, Mr. S. Sathish Kumar, Man...

Chennai, 26th October, 2023: A.M. Jain College proudly hosted the much anticipated Project Expo THADAM’23 . This exceptional event brought together an array of over 100 projects spanning diverse academic disciplines. The enthusiastic participation of 951 students from nearby government and private schools within a 5-kilometer radius of the college showcased the Expo's commitment to fostering learning and innovation. A.M. Jain college students, representing fields ranging from Arts, Humanities, to Sciences, displayed a remarkable collection of projects, from ecological initiatives and financial literacy to cutting-edge robotics and security systems.  Students from the Criminology & Police Administration, and Defense & Strategic Studies departments demonstrated the intriguing world of forensics, shedding light on the cutting-edge fingerprint identification techniques employed in solving crimes. The highlight of the Expo included captivating demonstrations in areas such as rob...

Representatives of Chad’s largest Government Hospital in Chennai to kickoff collaboration with the Madras Medical Mission. Chennai, Oct 26, 2023: The Madras Medical Mission and The Government Centre Hospitalier Universitaire La Renaissance in the Republic of Chad – the largest hospital in Chad and also a teaching facility   - have agreed to collaborate in the areas of healthcare, training and research. This is the first time that any of the major Government hospitals in Chad have been looking at collaborations with hospitals in India. Dr. Mahamat Hissein Ali, Deputy Medical Director and Mr. Maoulout Tahir Ousman, Financial Controller , Hospitalier Universitaire La Renaissance, Government of Chad are currently in MMM drawing up a plan of action to take this project forward.  Dr. Mahamet Hissein Ali said, “With MMM as our partner, we plan to collaborate in phases; the first phase will look at nephrology, pathology, telemedicine and training in these areas. We hope to estab...