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  #1  
Old October 27th, 2017, 05:01 PM
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Default Indian Bank IREMIT

Hi buddy here I am looking for 2 companies brief info which is Indian Bank and IREMIT, so will you plz let me know whatever you know ??
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  #2  
Old October 28th, 2017, 09:29 AM
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Join Date: May 2011
Default Re: Indian Bank IREMIT

As you asking here I am telling about both companies Indian Bank and IREMIT


Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India.

Company profile :
Type Public
Traded as BSE: 532814
NSE: INDIANB
Industry Banking, Financial services
Founded 15 August 1907; 110 years ago
Headquarters Chennai, India
Key people kishore kumar kharat
(MD & CEO)
M K Bhattacharya & A S Rajeev
Executive Directors
Products Consumer Banking
Corporate Banking
Finance and Insurance
Mortgage Loans
Investment Banking
Merchant Banking
Private Equity
Private Banking
Savings
wealth management
Credit Cards
Revenue 16,243.78 crore (US$2.5 billion) (2016)
Operating income 3,032 crore (US$470 million) (2016)
Net income 711.38 crore (US$110 million) (2016)
Total assets 203,941.09 crore (US$32 billion) (2016)
Owner Government of India
Number of employees 20,924 (2017)
Capital ratio 13.20%


I-Remit, Inc. is a publicly-listed company engaged in the business of servicing the remittance needs of overseas Filipino workers. It was incorporated in March 2001 and was registered with the Bangko Sentral ng Pilipinas (BSP) as a remittance center.


Its subsidiary include:
International Remittance (Canada) Ltd.;
IRemit Australia Pty. Ltd.
Worldwide Exchange Pty. Ltd.,
IRemit Europe Remittance Consulting,
AG in Austria;
IRemit Global Remittance Limited in United Kingdom;
I-Remit New Zealand, Ltd.;
Lucky Star Management Limited
Power Star Asia Group Limited,

In 2007, the Board of Directors amended the Articles of Incorporation:
Reduction of par value per share from PHP 100.00 to PHP 1.00 per share;
Increase in authorized capital stock from PHP 200 million to PHP 1.0 billion;
Denial of pre-emptive rights;
Authority of the Board of Directors to grant stock options, issue warrants or enter into stock purchase or similar agreements;
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