Indian Bank Management
Management criteria checks 3/4
Indian Bank's CEO is Shanti Jain, appointed in Sep 2021, has a tenure of 3.25 years. total yearly compensation is ₹4.75M, comprised of 54.6% salary and 45.4% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹361.76K. The average tenure of the management team and the board of directors is 2 years and 1.5 years respectively.
Key information
Shanti Jain
Chief executive officer
₹4.8m
Total compensation
| CEO salary percentage | 54.6% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.00005% |
| Management average tenure | 2yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
Here's Why We Think Indian Bank (NSE:INDIANB) Is Well Worth Watching
Dec 22
If EPS Growth Is Important To You, Indian Bank (NSE:INDIANB) Presents An Opportunity
Sep 22We Take A Look At Why Indian Bank's (NSE:INDIANB) CEO Has Earned Their Pay Packet
Jun 09Indian Bank (NSE:INDIANB) Is Paying Out A Larger Dividend Than Last Year
May 23Indian Bank (NSE:INDIANB) Is Increasing Its Dividend To ₹12.00
May 09We Ran A Stock Scan For Earnings Growth And Indian Bank (NSE:INDIANB) Passed With Ease
Jan 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹99b |
| Jun 30 2024 | n/a | n/a | ₹91b |
| Mar 31 2024 | ₹5m | ₹3m | ₹84b |
| Dec 31 2023 | n/a | n/a | ₹76b |
| Sep 30 2023 | n/a | n/a | ₹69b |
| Jun 30 2023 | n/a | n/a | ₹61b |
| Mar 31 2023 | ₹4m | ₹3m | ₹56b |
| Dec 31 2022 | n/a | n/a | ₹51b |
| Sep 30 2022 | n/a | n/a | ₹44b |
| Jun 30 2022 | n/a | n/a | ₹42b |
| Mar 31 2022 | ₹3m | ₹1m | ₹41b |
Compensation vs Market: Shanti's total compensation ($USD55.87K) is below average for companies of similar size in the Indian market ($USD724.01K).
Compensation vs Earnings: Shanti's compensation has been consistent with company performance over the past year.
CEO
Shanti Jain (59 yo)
3.3yrs
Tenure
₹4,752,743
Compensation
Mr. Shanti Lal Jain serves as Managing Director, Director and Chief Executive Officer of Indian Bank since September 1, 2021. He is Non-Executive Nominee Chairman of Universal Sompo General Insurance Compa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.3yrs | ₹4.75m | 0.000050% ₹ 361.8k | |
| Executive Director | 2.1yrs | ₹3.52m | 0.00010% ₹ 723.5k | |
| Executive Director | 1.6yrs | ₹4.79m | no data | |
| Executive Director | 1.2yrs | ₹3.14m | no data | |
| Executive Director | less than a year | ₹2.19m | no data | |
| CFO & GM of Accounts | 2.8yrs | no data | no data | |
| GM – Estate & BOD and COO | 1.8yrs | no data | no data | |
| CGM of IT | 4.9yrs | no data | no data | |
| Assistant GM | 4.4yrs | no data | no data | |
| Chief General Manager of Recovery & Legal | 1.8yrs | no data | no data | |
| General Manager of CCD | 1.9yrs | no data | no data | |
| CGM of RMD & FRMC and Chief Risk Officer | 4.9yrs | no data | no data |
2.0yrs
Average Tenure
54.5yo
Average Age
Experienced Management: INDIANB's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.3yrs | ₹4.75m | 0.000050% ₹ 361.8k | |
| Executive Director | 2.1yrs | ₹3.52m | 0.00010% ₹ 723.5k | |
| Executive Director | 1.6yrs | ₹4.79m | no data | |
| Executive Director | 1.2yrs | ₹3.14m | no data | |
| Executive Director | less than a year | ₹2.19m | no data | |
| Government Nominee Director | less than a year | no data | no data | |
| Independent Part-Time Non-Official Director | 3yrs | no data | no data | |
| Independent Part-Time Non-Official Director | 3yrs | no data | no data | |
| RBI Nominee Director | 1.4yrs | no data | no data | |
| Shareholder Director | less than a year | no data | 0.000020% ₹ 144.7k |
1.5yrs
Average Tenure
55yo
Average Age
Experienced Board: INDIANB's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:29 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Indian Bank is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuvraj Choudhary | Anand Rathi Shares and Stock Brokers Limited |
| Vaibhav Agrawal | Angel Broking Private Limited |
| Asutosh Mishra | Asian Markets Securities Private Limited |