Total business increased by 14.22%, reflecting broad-based momentum across all the segments
- Gross Advances grew by 16.39% YoY, led by strong traction in Retail, Agriculture and MSME (RAM) portfolios
- Deposits rose by 12.50%, supported by a healthy CASA ratio of 39.36%
- Bank strategically reduced its Bulk deposit (including CD) by 5.60% on QoQ basis, from ₹1.62 lakh Cr in Jun’26 to ₹1.52 lakh Cr in Sep’26
- Bank has mobilized fresh FCNR(B) Deposits amounting to ₹22486 Cr. It has also raised OFCB of ₹3806 Cr
- Net profit recorded a growth of 14.71% YoY, reflecting improved operational efficiency, steady NIM and disciplined cost management
- Operating profit grew by 46.58% YoY
- The bank’s non-interest income (NII) registered a strong growth of 59% YoY, reaching ₹3,953 Cr for the quarter ended September 2026
- The Bank’s cost-to-income ratio improved by 723 bps to 39.25% in Sep’ 2026 from 44.80% in Jun’26
- Asset quality strengthened further, with GNPA improving to 1.61% and NNPA to 0.14%
- Digital adoption reached 96% of total transactions, showcasing technology-led customer engagement
• Net Profit up by 14.71% YoY at ₹3462 Cr in Sep’26 from ₹3018 Cr in Sep’25
• Operating Profit improved by 46.58% YoY to ₹7090 Cr in Sep’26 from ₹4837 Cr in Sep’25
• Net Interest Income increased by 17.83% YoY to ₹7719 Cr in Sep’26 from ₹6551 Cr in Sep’25
• Return on Assets (RoA) stood at 1.31%, Return on Equity (RoE) at 19.65 % in Sep’26
• Yield on Advances (YoA) stood at 8.17% in Sep’26
• Cost of Deposit stood at 4.89% in Sep’26
• Gross Advances increased by 16.39% YoY to ₹721982 Cr in Sep’26 from ₹620324 Cr in Sep’25
• RAM (Retail, Agriculture & MSME) advances grew by 17.74% YoY to ₹442302 Cr in Sep’26 from ₹375660 Cr in Sep’25
• RAM contribution to gross domestic advances stood at 67.04%. Retail, Agri & MSME advances grew by 17.37%, 17.18% and 19.06% YoY respectively. Home Loan (including mortgage) grew by 12.33% YoY in Sep’26
• Net Profit up by 12.42% YoY to ₹6735 Cr in H1FY27 from ₹5991 Cr in H1FY26
• Operating Profit grew by 31.65% YoY to ₹12647 Cr in H1FY27 from ₹9607 Cr in H1FY26
• Net Interest Income up by 17.38% YoY to ₹15154 Cr in H1FY27 from ₹12910 Cr in H1FY26
• Net Interest Margin (NIM) Domestic stood at 3.41% in H1FY27, improvement of 6bps over H1FY26 level of 3.35%
• Return on Assets (RoA) stood at 1.31 in H1FY27
• Credit Cost improved by 5 bps YoY to 0.22% in H1FY27 from 0.27% in H1FY26
• Return on Equity (RoE) stood at 19.57% in H1FY27
• Priority sector advances as a percentage of ANBC stood at 48.67% at ₹257647 Cr in Sep’26 as against the regulatory requirement of 40%
• Total Deposits increased by 12.50% YoY and reached to ₹874036 Cr in Sep’26 as against ₹776946 Cr in Sep’25. Current, Savings & CASA deposits grew by 27.48%, 11.55%, and 13.77% YoY respectively
• Domestic CASA ratio stood at 39.36% as on 30thSep’26
• CD ratio stood at 82.60% as on 30thSep’26
• GNPA decreased by 99 bps YoY to 1.61% in Sep’26 from 2.60% in Sep’25, NNPA reduced by 2 bps to 0.14% in Sep’26 from 0.16% in Sep’25
• Provision Coverage Ratio (PCR, including TWO) stood at 98.22% in Sep’26
• Slippage Ratio contained to 0.69% in Sep’26 in comparison to 0.79% in Sep’25
• Capital Adequacy Ratio stood at 16.21%. CET-I stood at 15.18% and Tier I Capital at 15.18% in Sep’26
• Earnings Per Share (EPS) increased to ₹102.82 in Sep’26 from ₹89.63 in Sep’25
• Net Profit up by 5.77% QoQ to ₹3462 Cr in Sep’26 from ₹3273 Cr in Jun’26
• Fee based income grew by 10.76% QoQ to ₹1030 Cr in Sep’26 from ₹930 Cr in Jun’26
• Yield on Investments (YoI) improved by 2 bps QoQ to 6.98% in Sep’26 from 6.96% in Jun’26
• Cost to income ratio improved by 555 bps to 39.25% in Sep’26 from 44.80% in Jun’26
• Net Interest Margin (NIM) Domestic stood at 3.42% in Sep’26
• GNPA decreased by 25 bps to 1.61% in Sep’26 from 1.86% in Jun’26, NNPA reduced by 1 bps to 0.14% in Sep’26 from 0.15% in Jun’26
Awards & Accolades:
• The Bank was declared winner of the “Best PSB Award 2024-25” by Financial Express.
• The MD & CEO of the Bank received “CEO of the Year” award at Tamil Nadu Business Leader of the Year, 2025.
• Indian Bank has been awarded the APY Annual Award of Excellence for achieving 104% of APY target in FY26.
• The Bank received prestigious SKOCH Golden Award for “IB SAATHI” and Silver Award for “Security Operations”.
• The Bank was awarded the second prize in the prestigious Rajbhasha Kirti Puraskar for FY 2024-25.
• The Bank was declared the winner of the “Golden Peacock Award for Excellence in Artificial Intelligence” for the year 2026.
• The Chief Financial Officer of Indian Bank was honoured as the Best CFO in the Bank (Mid Cap category) at DSIJ’s 2026 CFO Awards.
• The Bank has been declared winner under “Overall Performance-Bank” in the class of Best Public Sector Bank (Medium) at the ASSOCHAM.
Network:
• The Bank has 6017 domestic branches (including 3 DBUs), out of which 2013 are Rural, 1611 are Semi-Urban, 1196 are Urban & 1197 are in Metro category. The Bank has 3 overseas branches & 1 IBU (Gift City Branch).
• The Bank has 5678 ATMs & BNAs and 18,379 Business Correspondents (BCs).
Digital Banking:
• Business of ₹1,45,344 Cr has been generated through Digital Channels in H1FY27. A total of 164 Digital Journeys, Utilities and Processes have been launched so far and accounts for 19.31%.
• Number of Mobile Banking users has grown by 26% YoY, reaching 2.66 Cr.
• UPI users and Net Banking users have witnessed an increase of 20% & 2% YoY reaching 2.89 Cr and 1.20 Cr respectively. Fastag & POS users increased by 135% & 50% respectively.
Our Focus:
Our goal is to make daily banking simple, quick, and accessible for all our customers. We are continuously improving our digital platforms and streamlining processes to deliver transparent, hassle-free services. By keeping customer convenience at the center of our digital growth, we aim to be the most trusted banking partner for individuals, farmers, and businesses alike.
