Chennai, October 15, 2026: Indian Bank has reported impressive financial performance for the quarter ended September 30, 2026, registering healthy growth in business, profitability and asset quality. Net profit increased 14.71% year-on-year to ₹3,462 crore, while operating profit surged 46.58% to ₹7,090 crore. Net interest income also grew 17.83% to ₹7,719 crore.
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| Binod Kumar, Managing Director & CEO of Indian Bank |
Addressing the press meet, Binod Kumar, Managing Director & CEO of Indian Bank, highlighted that the bank’s total business expanded 14.22%. Gross advances rose 16.39% to ₹7.22 lakh crore, while total deposits grew 12.50% to ₹8.74 lakh crore. Retail, Agriculture and MSME advances recorded 17.74% growth, reflecting strong credit demand across key sectors.
The bank further strengthened its asset quality, reducing gross NPAs to 1.61% and net NPAs to 0.14%. Its cost-to-income ratio improved to 39.25%, while digital transactions accounted for 96% of total transactions, underscoring its growing focus on technology-driven banking.
For the first half of FY27, net profit increased 12.42% to ₹6,735 crore. Indian Bank also earned notable recognition, including the Financial Express Best PSB Award, SKOCH Awards and the Golden Peacock Award for Excellence in Artificial Intelligence 2026.
The bank remains committed to enhancing digital services, expanding accessibility and delivering seamless banking experiences to individuals, farmers and businesses.
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