Indian Bank has announced its financial results for the fiscal year ending 31st March 2026, showcasing a robust performance underpinned by growth, quality, and returns. The bank’s total business grew by 12.79%, with credit sanctions surging by 62% across sectors such as Retail, Agriculture, MSME, and Corporates.
The bank reported a net profit increase of 11.33% year-on-year (YoY), reaching ₹12,156 crore for FY26. In the fourth quarter alone, net profit rose by 4.97% YoY to ₹3,103 crore, compared to ₹2,956 crore in the same period the previous year. Operating profit for the quarter improved by 5.32% YoY to ₹5,286 crore, while net interest income increased by 11.27% YoY to ₹7,109 crore.
Indian Bank’s deposit growth stood at 12.29%, with the CASA (Current Account Savings Account) ratio maintaining a healthy 39.67%. The bank’s gross advances increased by 13.43% YoY to ₹6,67,113 crore, with RAM (Retail, Agriculture & MSME) advances growing by 15.18% YoY to ₹4,04,126 crore, contributing 65.45% to gross domestic advances.
The bank’s asset quality improved significantly, with the Gross Non-Performing Assets (GNPA) ratio decreasing by 111 basis points to 1.98% in March 2026. The Net Non-Performing Assets (NNPA) ratio also reduced to 0.15%. The Provision Coverage Ratio (PCR), including technical write-offs, improved by 18 basis points to 98.28%.
Indian Bank’s capital adequacy ratio stood at 17.93%, with the Common Equity Tier 1 (CET-I) ratio improving by 104 basis points YoY to 16.40%. The bank’s Earnings Per Share (EPS) increased to ₹92.15 from ₹87.78 in the previous year.
The bank’s digital banking initiatives have also seen significant growth, with business generated through digital channels reaching ₹2,72,302 crore in FY26. Mobile banking users grew by 22% YoY, and UPI and net banking users increased by 21% and 3% YoY, respectively.
Indian Bank received several accolades, including the Golden Peacock Award for Excellence in Artificial Intelligence and the SKOCH Golden Award for ‘IB SAATHI’. The bank’s MD & CEO was honoured with the ‘CEO of the Year’ award at the Tamil Nadu Business Leader of the Year 2025.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).