Tag: Indian Bank earnings
BANKING & FINANCE Indian Bank Confident Of Meeting FY27 Asset Quality Targets: MD

State-owned Indian Bank remains confident of achieving its FY27 asset quality and recovery targets, with Managing Director & CEO Binod Kumar indicating that the lender is on track to reduce gross non-performing assets (GNPA) to 1.50-1.60%, while maintaining balanced credit growth without sacrificing margins. Speaking during the bank’s Q1 FY27 earnings call, Kumar said Indian […]

CW Bureau · Jul 18, 2026
BANKING & FINANCE Indian Bank Q1 Profit Rises 10% To ₹3,273 Cr On NII Surge, Asset Quality

Public sector lender Indian Bank reported a 10.09% year-on-year (YoY) increase in net profit for the first quarter of FY27, supported by robust growth in net interest income (NII), healthy credit expansion and continued improvement in asset quality. The Chennai-headquartered bank posted a net profit of ₹3,273 crore for the quarter ended June 2026, compared […]

CW Bureau · Jul 10, 2026