Indian Bank declared a dividend of ₹18.25 per share for the financial year 2025-26 at its twentieth Annual General Meeting held on June 17, 2026. The bank's shareholders approved the dividend, which translates to 182.50% of the paid-up equity capital, alongside the adoption of the audited financial statements for the year ended March 31, 2026. The record date for determining dividend eligibility was fixed as June 10, 2026.

Financial Performance

The bank reported a 12.79% year-on-year growth in total business, which reached ₹14.95 lakh crore. Deposits grew by 12.29% to ₹8.28 lakh crore, while gross advances increased by 13.43% to ₹6.67 lakh crore. Net profit rose by 11% to ₹12,156 crore, supported by a net interest income of ₹26,915 crore. Asset quality improved significantly, with Gross Non-Performing Assets (GNPA) declining to 1.98% and Net Non-Performing Assets (NNPA) reducing to 0.15%.

Key Operational Metrics

The bank maintained a credit-deposit ratio of nearly 81% and a domestic Net Interest Margin (NIM) of 3.36%. Priority Sector Advances constituted 41% of Adjusted Net Bank Credit (ANBC), exceeding the regulatory requirement of 40%. The Capital Adequacy Ratio (CAR) stood strong at 17.93%, while Return on Assets was 1.31% and Return on Equity moderated to 19.53%.

Shareholder Approvals

Shareholders approved the re-appointment of Shri Ashutosh Choudhury as Executive Director for a period of three years effective from May 3, 2026. A special resolution was passed to authorize the Board to raise equity capital aggregating up to ₹5,000 crore, including premium, through Qualified Institutions Placement (QIP), Follow on Public Offer (FPO), Rights Issue, or a combination thereof. The funds will be raised in one or more tranches subject to regulatory approvals.

Indian Bank reported a 13.6% year-on-year increase in total business to ₹15.28 lakh crore for the quarter ended June 30, 2026. The bank's total deposits grew by 13.3% to ₹8.43 lakh crore, driven by a 26.3% surge in current accounts. Gross advances rose 13.9% to ₹6.85 lakh crore, reflecting expanded lending activity. The bank disclosed these business highlights in a filing to the stock exchanges under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The figures for the quarter ended June 30, 2026, are provisional and subject to review by the Statutory Central Auditors of the Bank.

Nuvama Wealth Management is hosting a post-earnings conference call on July 10, 2026, at 6:00 PM IST to discuss the unaudited financial results for Q1FY27. Shri Binod Kumar - MD & CEO, Shri Ashutosh Choudhury – ED, Shri Shiv Bajrang Singh - ED, and Ms. Mini T M – ED will represent the bank.

Key Business Metrics

The following table outlines the bank's performance for the periods indicated:

All figures in ₹ lakh crore. Subject to review by the Statutory Central Auditors of the Bank.

Deposit Composition

Savings Bank deposits increased by 12.9% to ₹2.70 lakh crore as of June 30, 2026, compared to ₹2.39 lakh crore in the same period last year. Current Account deposits showed significant growth, reaching ₹0.48 lakh crore, representing a 26.3% year-on-year rise. The domestic Current Account Savings Account (CASA) ratio stood at 39.64%, slightly lower than the 39.67% recorded at the end of the previous financial year.

Advances and Asset Quality

Retail and Agriculture Advances (RAM) in the domestic segment grew by 14.8% to ₹4.17 lakh crore, up from ₹3.63 lakh crore in the prior year's corresponding quarter. The overall gross advances reached ₹6.85 lakh crore, marking a steady increase from the ₹6.67 lakh crore reported as of March 31, 2026.