+
Indian Bank Posts Improved Asset Quality And Profit Growth
ECONOMY & POLICY

Indian Bank Posts Improved Asset Quality And Profit Growth

The bank reported quarterly and annual results for the period ended March 2026 that showed improvement in asset quality, capital and digital business. The results reflect steady net interest income growth alongside controlled costs and continued investment in digital channels. Management described the quarter as delivering resilient performance and sustained momentum.

Gross non-performing assets fell to one point nine eight per cent from three point zero nine per cent a year earlier and net non-performing assets declined to zero point one five per cent. Provision coverage improved to 98.28 per cent while slippage ratio eased to zero point nine six per cent. Capital adequacy stood at 17.93 per cent with common equity tier one improving to 16.40 per cent, supporting a strengthened balance sheet. Cost to income ratio for the quarter reduced materially to 44.99 per cent.

Earnings per share rose to Rs 92.15 and quarterly net profit increased to Rs 31.03 billion from Rs 30.61 billion in the prior quarter. On a full year basis net profit increased to Rs 121.56 billion, operating profit reached Rs 199.16 billion and net interest income grew to Rs 269.15 billion. Domestic net interest margin was three point three six per cent and return on assets stood at one point three one per cent for the year. Deposit and fund costs moderated with cost of deposits and cost of funds both recording quarter on quarter declines.

The bank’s network comprises 6001 domestic branches including three domestic banking units and three overseas branches plus one international banking unit at Gift City. There are 5,657 ATMs and 17,032 business correspondents supporting reach, while digital channels generated Rs 2.72 trillion of business in the year and mobile users reached 23.6 million. The institution received multiple industry awards recognising technology and innovation and reaffirmed its focus on customer centricity, governance and inclusive growth.

The bank reported quarterly and annual results for the period ended March 2026 that showed improvement in asset quality, capital and digital business. The results reflect steady net interest income growth alongside controlled costs and continued investment in digital channels. Management described the quarter as delivering resilient performance and sustained momentum. Gross non-performing assets fell to one point nine eight per cent from three point zero nine per cent a year earlier and net non-performing assets declined to zero point one five per cent. Provision coverage improved to 98.28 per cent while slippage ratio eased to zero point nine six per cent. Capital adequacy stood at 17.93 per cent with common equity tier one improving to 16.40 per cent, supporting a strengthened balance sheet. Cost to income ratio for the quarter reduced materially to 44.99 per cent. Earnings per share rose to Rs 92.15 and quarterly net profit increased to Rs 31.03 billion from Rs 30.61 billion in the prior quarter. On a full year basis net profit increased to Rs 121.56 billion, operating profit reached Rs 199.16 billion and net interest income grew to Rs 269.15 billion. Domestic net interest margin was three point three six per cent and return on assets stood at one point three one per cent for the year. Deposit and fund costs moderated with cost of deposits and cost of funds both recording quarter on quarter declines. The bank’s network comprises 6001 domestic branches including three domestic banking units and three overseas branches plus one international banking unit at Gift City. There are 5,657 ATMs and 17,032 business correspondents supporting reach, while digital channels generated Rs 2.72 trillion of business in the year and mobile users reached 23.6 million. The institution received multiple industry awards recognising technology and innovation and reaffirmed its focus on customer centricity, governance and inclusive growth.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code