Indian Bank has announced its provisional financial figures for the quarter ending March 31, 2026. The bank demonstrated robust growth across key parameters, including total business reaching Rs 14.98 lakh crore. Year-on-year, the institution recorded a 13.1% growth in total business and a 13.6% increase in gross advances. These provisional figures, subject to final audit, reflect a positive performance trajectory for the bank heading into the new fiscal year.
Key Financial Highlights
For the period ending March 31, 2026, Indian Bank reported a total business of Rs 14.98 lakh crore, marking a significant year-on-year growth of 13.1%. The bank’s total deposits also saw healthy expansion, climbing to Rs 8.30 lakh crore, representing a 12.6% increase compared to the previous year.
Growth in Advances and Deposits
The bank’s deposit profile shows consistent accumulation, with Savings Bank (SB) deposits rising to Rs 2.68 lakh crore (10.3% YoY growth) and Current Account (CA) deposits reaching Rs 0.48 lakh crore, a substantial 20.0% YoY increase. The CASA ratio stood at 39.86% as of the quarter end.
On the credit front, Gross Advances grew to Rs 6.68 lakh crore, reflecting a 13.6% YoY growth. Additionally, the Retail, Agriculture, and MSME (RAM) segment demonstrated strong momentum, reaching Rs 4.06 lakh crore with a year-on-year growth rate of 15.7%.
Performance Summary
- Total Business: Rs 14.98 lakh crore (13.1% YoY growth)
- Gross Advances: Rs 6.68 lakh crore (13.6% YoY growth)
- Total Deposits: Rs 8.30 lakh crore (12.6% YoY growth)
- RAM Segment: Rs 4.06 lakh crore (15.7% YoY growth)
Note: These figures are provisional and subject to final audit by the Statutory Central Auditors of the Bank.
Source: BSE
