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Indian Bank (BOM:532814) Altman Z2-Score


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What is Indian Bank Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Indian Bank Business Description

Traded in Other Exchanges
Address
254-260, Avvai Shanmugam Salai, Royapettah, Chennai, TN, IND, 600014
Indian Bank is a provider of banking products and services in India and internationally. The bank is headquartered in India and generates the majority of revenue domestically. The bank operates through four segments: Treasury, Corporate/Wholesale banking, Retail banking, and other banking operations. A majority of its revenue is generated from the Retail banking segment. The company provides deposits, savings and current accounts, merchant banking, and stock broking to its customers. The company has a nationwide network of branches as well as branches in Singapore and Sri Lanka. The Government of India is a shareholder.