Financial Results for the Quarter ended 30th June 2026
Total business increased by 13.66%, reflecting broad-based momentum.
Gross Advances increased 13.89%, while Deposits rose 13.47% anchored by a robust CASA share of 39.73%
Net profit recorded a 10.09% YoY rise, reflecting efficiency and sustained growth
Share of Digital transactions stood at 95%, highlighting the Bank’s technology-led customer engagement
Key Highlights (Quarter ended June 2026 over June 2025)
Asset quality remained resilient, with GNPA ratio reduced to 1.86%, driving consistent profitability
- Net Profit up by09% YoY at ₹3273 Cr in June 2026 from ₹2973 Cr in June 2025
- Operating Profit improved by 50% YoY to ₹5557 Cr in June 2026 from ₹4770 Cr in June 2025
- Net Interest Income increased by 92% YoY to ₹7435 Cr in June 2026 from ₹6359 Cr in June 2025
- Domestic Net Interest Margin (NIM) improved to 41% in June 2026 from 3.35% in June 2025
- Cost to Income Ratio reduced by 98 bps to 80% in June 2026
- Cost of Deposits (CoD) reduced by 34 bps to 80% in June 26 from 5.14% in June 2025
- Cost of Funds (CoF) reduced by 40 bps to 83% in June 2026 from 5.23% in June 2025
- Yield on Investments (YoI) stood at96% in June 2026
- Gross Advances increased by 89% YoY to ₹684623 Cr in June 2026 from ₹601147 Cr in June 2025
- RAM (Retail, Agriculture & MSME) advances grew by 80% YoY to ₹416992 Cr in June 2026 from ₹363221 Cr in June 2025
- RAM contribution to gross domestic advances increased to 00%. Retail, Agri & MSME advances grew by 18.74%, 9.96% and 17.03% YoY respectively. Home Loan (including mortgage) grew by 13.36% YoY
- Priority sector advances as a percentage of ANBC stood at 36% at ₹236720 Cr in June 2026 as against the regulatory requirement of 40%
- Total Deposits increased by 47% YoY and reached to ₹844578 Cr in June 2026 as against ₹744289 Cr in June 2025
- Domestic CASA ratio increased to 39.73% in June 2026 from 38.97% in June 2025
- CD ratio improved to 81.06% in June 2026 as against 80.77% in June 2025
- GNPA decreased by 115 bps YoY to 1.86% in June 2026 from 3.01% in June 2025, NNPA reduced by 3 bps to 0.15% in June 2026 from 0.18% in June 2025
- Provision Coverage Ratio (PCR, including TWO) improved by 2 bps YoY to 98.22% in June 2026 from 98.20 % in June 2025
- Slippage Ratio reduced to 0.77% in June 2026 in comparison to 0.94% in June 2025
- Credit Cost improved by 5 bps YoY to 0. 23% in June 2026 from 0.28% in June 2025
- Capital Adequacy Ratio stood at 17.58%. CET-I at 16.51% and Tier I Capital stood at 16.51% in June 2026
- Net Profit increased to ₹3273 Cr in June 2026 from ₹3103 Cr in March 2026
- Domestic Net Interest Margin (NIM) increased to 3.41% in June 2026 from 3.35% in March 2026
- Cost of Deposits (CoD)reduced by 3 bps to 4.80% in June 2026 from 4.83% in March 2026
- Cost of Funds (CoF) reduced by 5 bps to 4.83% in June 2026 from 4.88% in March 2026
- Return on Assets (RoA) up by 3 bps to 1. 31% in June 2026 from 1.28% in March 2026
- Return on Equity (RoE) increased by 50 bps to 19.48% in June 2026 from 18.98% in March 2026
- Yield on Advances (YoA) increased by 2 bps to 8.09% in June 2026 from 8.07% in March 2026
- Credit Cost improved by 24 bps QoQ to 0.23% in June 2026 from 0.47% in March 2026
- Cost to Income ratio decreased by 19 bps to 44.80% in June 2026 from 44.99% in March 2026
- Earnings Per Share (EPS) increased to ₹97.20 in June 2026 from ₹92.15 in March 2026
- Book Value per Share increased to ₹510.72 in June 2026 from ₹487.23 in March 2026
- GNPA decreased by 12 bps QoQ to 1. 86% in June 2026 from 1.98% in March 2026, NNPA sustained at 0.15% in June 2026.
Network:
- The Bank has 6003 domestic branches (including 3 DBUs), out of which 2011 are Rural, 1606 are Semi-Urban, 1195 are Urban & 1191 are in Metro category. The Bank has 3 overseas branches & 1 IBU (Gift City Branch).
- The Bank has 5676 ATMs & BNAs and 17,314 Business Correspondents (BCs).
Digital Banking:
- Business of ₹67,327Cr has been generated through Digital Channelsduring Q1FY27. A total of 158 Digital Journeys, Utilities and Processes have been launched so far.
- Number of Mobile Banking usershas grown by 22% YoY, reaching 2.48 Cr.
- UPI users and Net Banking users have witnessed an increase of 21% & 3% YoY reaching 2. 77 Cr and 1.19 Cr respectively. Fastag & POS users increased by 79% & 40% respectively.
Awards & Accolades:
- The Bank was declared winner of the “Best PSB Award 2024-25” by Financial Express.
- The MD & CEO of the Bank received “CEO of the Year” award at Tamil Nadu Business Leader of the Year, 2025.
- The Bank was declared the winner of the “Golden Peacock Award for Excellence in Artificial Intelligence” for the year 2026.
- The Bank received prestigious SKOCH Golden Award for “IB SAATHI” and Silver Award for “Security Operations”.
- Indian Bank has been awarded the APY Annual Award of Excellence for achieving 104% of APY target in FY26.
- The Bank received “Best Data Quality Award” by CIBIL.
- Indian Bank has been awarded for “Excellence in Credit Capability Development” by IIBF.
Our Focus
We aim to become the preferred financial partner for customers by catering to their full spectrum of banking needs. Our strategy centers on operational efficiency, disciplined portfolio management, and delivering simpler, faster and more delightful banking experiences. At the core lies a customer-centric ethos that guides every interaction and innovation.