Indian Bank plans to sell up to 15 lakh equity shares in NSE via an Offer for Sale, representing 17.91% of its holdings, pending regulatory approvals. The sale is expected to finish by September 2026, following NSE's IPO.
2 min read9 Sep 2026Indian Bank plans to open 100 branches and hire 2,500 employees in FY2026-27, focusing on expanding its presence in central and western India. The lender also targets lower NPAs and expects its gold loan book to cross ₹1.5 lakh crore.
2 min read1 Sep 2026The PSU lender is prioritizing profitability over aggressive lending, helping expand margins even as peers face pressure from lower interest rates.
3 min read13 Jul 2026Indian Bank's share price rose 10% to ₹872.45 after reporting a net profit of ₹3,273 crore for Q1FY27, a 10% YoY increase. NII grew by 17% to ₹7,435 crore, while asset quality improved, with GNPA declining nearly 30% YoY.
2 min read10 Jul 2026Indian Bank is expected to report a strong growth in its Q1 net profit, led by upbeat net interest income (NII) and decent loan growth. However, analysts expect the lender’s NIM to contract marginally, but see steady improvement in asset quality ratios.
2 min read10 Jul 2026Indian Bank reported a 13.6% YoY growth in total business to ₹15.28 lakh crore for Q1 FY26. Deposits rose 13.3% and gross advances increased 13.9%. Net profit for the quarter reached ₹3,103 crore, while asset quality improved with GNPA and NNPA ratios declining.
2 min read1 Jul 2026The state-owned lender sees steady FY27 growth but expects NIM compression as funding lags credit demand.
2 min read30 Apr 2026Indian Bank reported a net profit of ₹3,103 crore for the March quarter, a 5% increase from the previous year. Net interest income surged 11.28% to ₹7,110 crore compared to ₹6,389 crore last year.
1 min read29 Apr 2026Chandra Shekhar Ghosh advocates longer tenures for bank CEOs to enable better long-term planning. He reflects on his departure from Bandhan Bank and highlights the challenges faced during his leadership, emphasizing the importance of promoter involvement in driving growth and innovation.
4 min read9 Feb 2026Indian Bank Q3 Results 2026: The PSU bank’s Net Interest Income (NII) in Q3FY26 increased 7.5% to ₹6,895 crore from ₹6,414 crore, year-on-year (YoY).
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