Chennai, October 16, 2025: Indian Bank reported an 11.5% year-on-year increase in net profit to ₹3,018 crore for the quarter ended September 30, up from ₹2,706 crore in the same period last year. The growth was supported by improved asset quality and lower provisioning requirements, despite only a moderate increase in income, said Binod Kumar, Managing Director of Indian Bank. Binod Kumar, MD & CEO, Indian Bank. Operating profit rose 2.3% to ₹4,837 crore, compared to ₹4,729 crore in the year-ago quarter. Net interest income (NII) increased 6% to ₹6,551 crore, while other income grew 3% to ₹2,487 crore. Total provisions dropped significantly to ₹739 crore from ₹1,099 crore a year earlier. However, the net interest margin (NIM) narrowed to 3.23% from 3.39% amid a changing interest rate environment. Press meet Youtube Video link ЁЯСЗ “NIM pressures are expected to persist into Q3 as a substantial portion of MCLR-linked loans are due for repricing. While deposit rates will also adju...