Page 2 - Indian Bank News
Indian Bank Q3FY26 results: Net profit rises 7.3% to ₹3,061 crore
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
 "Indian Bank Q3FY26 results: Net profit rises 7.3% to ₹3,061 crore")
Nifty PSU Bank index hits new high, rallies 21% since October on FPI buying
Since October 2025, Bank of India, Union Bank of India and Canara Bank have surged between 29 - 34 per cent. FPIs have increased stake in select PSU Banks by up to 3 per centage points.
 "Nifty PSU Bank index hits new high, rallies 21% since October on FPI buying")
Nifty PSU Bank index rallies 2%, hits record high; what's driving PSBs?
Union Bank of India surged 8%, while Bank of Maharashtra, Indian Bank, Indian Overseas Bank and Punjab & Sind Bank were up 4% each on the NSE in intra-day trade.
 "Nifty PSU Bank index rallies 2%, hits record high; what's driving PSBs?")
Indian Bank shares rise 3% on releasing Q3 update; check key details here
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
PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year
At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.
 "PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year")
BS Samriddhi: 'Uttar Pradesh has turned into a vibrant startup hub'
Indian Bank's Sudhir Kumar Gupta outlines how credit, fintech partnerships and startup funding can help Uttar Pradesh move towards a $1 trillion economy
 "BS Samriddhi: 'Uttar Pradesh has turned into a vibrant startup hub'")