Friday, October 16

Tag: Indian Bank Financial Results for the Quarter ended 30th September 2026

Indian Bank Financial Results for the Quarter ended 30th September 2026
BANK, ENGLISH, PRESS MEET, TAMILNADU

Indian Bank Financial Results for the Quarter ended 30th September 2026

Indian Bank Financial Results for the Quarter ended 30th September 2026  Total business increased by 14.22%, reflecting broad-based momentum across all the segments  Gross Advances grew by 16.39% YoY, led by strong traction in Retail, Agriculture and MSME (RAM) portfolios  Deposits rose by 12.50%, supported by a healthy CASA ratio of 39.36%  Bank strategically reduced its Bulk deposit (including CD) by 5.60% on QoQ basis, from ₹1.62 lakh Cr in Jun’26 to ₹1.52 lakh Cr in Sep’26  Bank has mobilized fresh FCNR(B) Deposits amounting to ₹22486 Cr. It has also raised OFCB of ₹3806 Cr  Net profit recorded a growth of 14.71% YoY, reflecting improved operational efficiency, steady NIM and disciplined cost management  Operating profit grew by 46.58% YoY  The bank’s non-interest inc...