Indian Bank Posts Improved Asset Quality And Profit Growth

05 May 2026 CW Team

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.

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