Indian Bank

The Chennai-based lender made Rs 2,909.73 crore in consolidated net profit in Q3 FY25

Indian Bank on Thursday reported a 7.33 per cent growth in net profit to Rs 3,061 crore for the third quarter ended December 2025. The public sector bank had recorded a net profit of Rs 2,852 crore in the December quarter of 2024-25. Its net interest income increased 7.50 per cent to Rs 6,896 crore in the December 2025 quarter from Rs 6,415 crore a year ago, Indian Bank said in a statement. The total income rose to Rs 19,663 crore during the third quarter of the current fiscal compared to Rs 17,912 crore in the corresponding quarter of FY25. Provisions and contingencies reduced to Rs 857 crore in Q3 FY26 from Rs 1,059 crore in the year-ago period. Gross non-performing assets (NPAs) improved to 2.23 per cent during Q3 of the current fiscal against 3.26 per cent a year earlier. In value terms, gross NPA stood at Rs 14,268 crore during the quarter under review, compared to Rs 18,208 crore in Q3 of FY25. The total deposits increased by 12.62 per cent to Rs 7,90,923 crore in the Dece

Q3FY26 company results: Firms including Indian Bank, Zee Entertainment, COFORGE, DLF, and Aditya Birla Sun Life AMC are also to release their October-December earnings reports today

The public sector bank's total business in Q3 grew 13.4 per cent to ₹14.3 trillion, as compared to ₹12.61 trillion a year ago

Indian Bank's Sudhir Kumar Gupta outlines how credit, fintech partnerships and startup funding can help Uttar Pradesh move towards a $1 trillion economy

At 12:26 PM, the BSE Sensex was up 0.21 per cent as compared to 0.22 per cent decline in the BSE Midcap index and 0.29 per cent fall in the BSE Smallcap index.

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We are targeting double-digit growth of 13-15 per cent in the next two years, and in the last two years, we have grown more than that, said Indian Bank's CEO Binod Kumar

Indian Bank's Q2FY26 net profit climbs 11% to Rs 3,107.9 crore on higher income and better asset quality, with gross NPAs dipping to 2.6% and strong deposit growth

Public sector Indian Bank on Thursday reported an 11.53 per cent rise in net profit to Rs 3,018 crore for the second quarter ended September 30 of the current fiscal. The bank posted a standalone net profit of Rs 2,706 crore during the September quarter of 2024-25 fiscal. Interest income rose to Rs 11,964 crore during the September quarter of FY26, from Rs 11,125 crore in the year-ago period. Provisioning against bad loans was down to Rs 739 crore during the quarter against Rs 1,099 crore in the July-September period of the last fiscal. Gross non-performing assets (NPA) improved to 2.60 per cent during Q2 over 3.48 per cent of total loans in September 2024. Shares of Indian Bank were trading at Rs 792.90 apiece, up 2.27 per cent over the previous close on the BSE.

Indian Bank's market cap hit ₹99,655 crore in intra-day trade on the BSE. Meanwhile, analysts at Motilal Oswal Financial Services (MOFSL) reiterated BUY rating on Indian Bank stock.

Despite a nearly 5x jump in aggregate mcap since FY20, most coverage PSBs still trade at reasonable valuations of 0.8-1x forward P/B & 5-7x FY27E EPS, leaving room for further upside.

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 8 per cent, as compared to less than 1 per cent rise in the Nifty 50.

Systematix noted that PSBs witnessed a remarkable turnaround in FY25, reversing the decade-long decline in their advances market share

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025.

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he bank's managing director and chief executive officer Binod Kumar shares the impact of the merger on its growth

After an extended consolidation within a rectangle pattern, the Indian Bank stock broke out above the upper resistance band, signaling the start of a fresh uptrend.

Shares of PSU banks have rallied up to 24% thus far in FY26; here's what technical charts suggest for Bank of India, Indian Bank, Bank of Baroda, PSB and Central Bank of India.