Indian Bank News

Banks set for double-digit profit growth in Q1FY27: Emkay Global

Analysts at Emkay Global Financial Services believe that banks are likely to begin FY27 on a healthy note, with strong loan growth and resilient asset quality and treasury income gains.

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Indian Bank Q1 results: Net profit rises 10% to ₹3,273 cr, revenue up 11%

State-owned Indian Bank on Friday posted a 10 per cent rise in net profit to Rs 3,273 crore in the first quarter of the current financial year. The Chennai-based lender had earned a net profit of Rs 2,973 crore in the same quarter of the previous fiscal. The lender's total income increased to Rs 20,724 crore during the June quarter of 2026-27 from Rs 18,721 crore in the same period of FY26, Indian Bank said in a regulatory filing. Interest earned by the bank also improved to Rs 18,090 crore, compared to Rs 16,283 crore in the year-ago period. Net Interest Income (NII) increased by 17 per cent to Rs 7,435 crore from Rs 6,359 crore in the June quarter of FY26, it said. During the period under review, its operating profit increased to Rs 5,557 crore from Rs 4,770 crore in the same quarter a year ago. The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.86 per cent of gross advances at the end of the June quarter from 3.01 per cent a year ..

Q1 results: Indian Bank, Bank of Maharashtra, Just Dail and 7 others today

Q1FY27 company results: Firms including L&T Finance, Elecon Engineering Company and International Travel House are also set to release their earnings today

Indian Bank, Phoenix Mills among stocks to buy post RBI Policy: Teji Mandi

Jatin Gedia of Teji Mandi reckons that Indian Bank, Phoenix Mills and PFC have found support at their respective 200-DMAs and look ripe for further upside, according to technical charts.

MSCI rejig: Adani Energy, MCX join Global Standard Index; Hyundai, RVNL out

India's weightage in the MSCI Standard Index remained broadly unchanged at 12.3 per cent, versus 12.4 per cent earlier

Indian Bank sees ₹4,000-6,000 crore ECL impact, plans QIP in Q3 FY27

Indian Bank plans a qualified institutional placement in Q3 FY27 to absorb the impact of RBI's expected credit loss framework coming into effect from April 2027

Canara, PNB, BoB, Indian Bank gain up to 3%; what's driving PSU banks?

The Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide additional credit support to businesses facing liquidity stress due to the West Asia situation.

Retail, agri credit growth pace to continue: Indian Bank MD & CEO

Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable

Indian Bank shares falls 7% after Q4 results; profit grows 5% YoY, NII 11%

Indian Bank reported a net profit of ₹3,103 crore, up 5 per cent from ₹2,956 crore in the year-ago period

Indian Bank Q4 FY26 profit rises 5% to ₹3,103 crore, NII up 11%

Indian Bank reported a 5 per cent rise in Q4 FY26 profit, aided by strong NII growth and improved asset quality, though non-interest income declined during the quarter

Nifty PSU Bank index soars over 3%; Canara, UBI, BOI rally up to 5%

At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.

Broader markets fall as West Asia war weighs; check top drags

Since the start of the West Asia conflict, the Nifty Midcap and Smallcap indices have moved lower, mostly in line with the frontline Nifty 50, but with less intensity

PSBs, power stocks lift BSE PSU index by 11% in 1 month, near record high

The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024

PSU banks extends rally, gain up to 4%; SBI, BoB, Indian Bank hit new highs

In the past one month, the Nifty PSU Bank index has soared 12 per cent, as compared to 2.7 per cent decline in the Nifty 50.

Nifty PSU Bank index soars 2%, hits new high; PNB, Canara, UBI shares up 3%

Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.

Chandan Taparia suggests Nifty strategy; bets on Cummins, Indian Bank

Chandan Taparia of Motilal Oswal decodes how to trade Nifty and Bank Nifty today; here are stock bets and strategy

PSU Bank index outshines Nifty for 6th straight month; up 41% since Sep-25

Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.

Nifty PSU Bank index rallies nearly 4%, hits new high; what's driving PSBs?

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 7 per cent, as against 0.5 per cent gain in the Nifty 50.

Motilal Oswal sector of the week: Top bank stocks to buy amid PSL push

Motilal Oswal Financial Services explains how priority sector lending is shifting from regulatory burden to earnings lever for banks and highlights HDFC Bank and Indian Bank as top stock picks