Indian Bank Declares Q1 FY 2023-24 Financial Results | Net profit up 47% at ₹1,709 crore
Bank’s Global Business crossed ₹11 lakh Cr Net profit up by 41% YoY Operating Profit up by 16% YoY Chennai, June 27, 2023: S L Jain, MD & CEO, Indian Bank today declared Financial Results for the Quarter ended 30th June 2023. He said that the focus of the bank is to enhance customer satisfaction by leveraging digital technologies, delivering customised experiences and proactively resolving customers’ issues. Through continuous staff trainings and a customer-centric approach, we focus to build trust, promote financial literacy and empower individuals and businesses to achieve their financial goals. Press meet video link👇👇 Key Highlights (Quarter ended June 23 over June 22) Net Profit up by 41% YoY at ₹1709 Cr in Jun’23 from ₹1213 Cr in Jun’22 Profit Before Tax up by 78% YoY at ₹2394 Cr in Jun’23 from ₹1345 Cr in Jun’22 Operating Profit grew by 16% YoY at ₹4135 Cr in Jun’23 from ₹3564 Cr in Jun’22 Net Interest Income increased by 26% YoY to ₹5703...