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Indian Bank
SectorFinancial Services
Indian Bank is a public sector bank in India, established in 1907 and nationalized in 1969. It operates in segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The bank has a network of 5,851 domestic branches, 3 overseas branches, 1 IFSC Banking unit, and 4,937 ATMs and BNAs. Indian Bank offers various deposit schemes, loan products, and services for individuals and organizations. In 2020, Allahabad Bank was amalgamated into Indian Bank, making it the 7th largest bank in India. The bank has raised capital through various means, including equity issuance and bond offerings. Indian Bank has received awards for financial literacy and SHG Bank linkage programs, and has launched several new products in recent years.
In the news
Indian Bank: Multiple Brokerages Set ₹1000-1025 Targets
Indian Bank Q2 profit rises 14% to ₹3,540 cr; NSE listing gains boost income
Private Banks Face Margin Pressure Despite 19.4% Credit Growth
UPI MDR Implementation Begins October 15: Cost Comparison Analysis
SC reserves verdict on CoC's power to withdraw approved resolution plans
Indian Bank Confirms Life Insurance, MF Entry Plans & Dubai Office
Indian Bank unveils AI-TARA, Smart Wealth at Global Fintech Fest
Indian Bank to sell 17.91% NSE stake via OFS by Sept 2026
Indian Bank to open Dubai office for overseas expansion
Indian Bank's FY27 Strategic Expansion and Asset Quality Management
Indian Bank targets ₹1,500 crore treasury income, adds 100 branches
Indian Bank sanctions ₹1,125 cr retail, agri, MSME credit in Chennai
Indian Bank Completes $400M ECB Fundraising via GIFT City
SIB targets ₹3.25 trillion growth with new CEO from PSB
Indian Bank celebrates 120th Foundation Day with ₹1,220 cr disbursements
Indian Bank, PB Fintech, Shriram Finance Show Bullish Setup
Top 3 Stock Picks: Indian Bank, DLF, Polycab India for Aug 13
Indian Bank targets ₹35 lakh crore business by 2032 after crossing ₹15 lakh crore milestone
IOB wipes out ₹20,000 cr losses, plans ₹5,000 cr QIP
ICICI Securities holds South Indian Bank at ₹45 target
The Quarter story
The two most recent quarterly results, compared side-by-side.
Indian Bank grew loans, deposits and profits while asset quality improved; capital and funding costs need watching.
Consolidated advances grew from ₹6.20 lakh crore in Q2 FY26 to ₹7.22 lakh crore in Q2 FY27 — loan book expanded
Capital adequacy ratio fell from 17.31% in Q2 FY26 to 16.21% in Q2 FY27 — capital buffer narrowed
Deposits rose from ₹7.77 lakh crore in Q2 FY26 to ₹8.74 lakh crore in Q2 FY27 — funding kept pace with lending
Cost of deposits rose from 4.83% in Q4 FY26 to 4.89% in Q2 FY27 — funding cost edged up
Net profit increased from ₹3,018 Cr in Q2 FY26 to ₹3,462 Cr in Q2 FY27 — earnings improved
Provision coverage ratio excluding technical write-off fell from 93.91% in Q2 FY26 to 91.54% in Q2 FY27 — bad-loan coverage eased
Gross NPA ratio fell from 2.60% in Q2 FY26 to 1.61% in Q2 FY27 — asset quality improved
Agriculture advances grew from ₹1,46,205 Cr in Q2 FY26 to ₹1,71,320 Cr in Q2 FY27 — priority lending expanded
Company insights, generated from the most recent coverage.
Indian Bank's small NSE stake provides ancillary valuation benchmarks and enhanced market visibility, though direct financial impact remains limited.
Mid-corporate lending focus (₹50-500 crore segment) allows better pricing versus large corporates and retail, supporting NIM maintenance during expansion.
Staff expenses surged 17.57% YoY to ₹3,071 crore in Q1 FY27, reflecting hiring of 2,075 employees and wage increases — major cost pressure point.