Shri Brajesh Kumar Singh has ceased to be Executive Director of indian bank effective June 1, 2026, following his appointment as Managing Director & Chief Executive Officer of Canara Bank by the Central Government. The transition impacts the bank's leadership structure as Singh moves to lead another public sector lender.

The Central Government, exercising powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, issued the appointment notification. The official notification, identified as eF.No. 4/3/2024-BO.I, is dated June 1, 2026.

Singh assumed the new role at Canara Bank on the date of assuming charge of the post. His tenure at Canara Bank is set to continue until he attains the age of superannuation on April 30, 2029, or until further orders, whichever is earlier.

The cessation of Singh's directorship at Indian Bank was disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. for information and dissemination.

The following table outlines the key details regarding the leadership change:

Indian Bank has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Limited, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, signed by AGM and Company Secretary Dina Nath Kumar on May 23, 2026, is also available on the bank's website.

Key Financial and Operational Highlights

The bank reported a total turnover of ₹77,441.29 crore (domestic: ₹74,938.06 crore) and a net worth of ₹65,627.59 crore for FY 2025-26. The paid-up capital stood at ₹1,346.96 crore. The bank's banking products and services contribute 100% of its total turnover, with an NIC code of 64191.

The following table summarises key financial parameters disclosed in the BRSR:

Operational Footprint

Indian Bank operates 6,001 branches and 567 offices and processing centres across India, totalling 6,568 locations. Internationally, the bank has three branches and one IFSC Banking Unit (IBU) at GIFT City, Gandhinagar, Gujarat. The bank serves customers across 34 states and union territories domestically and is present in two countries internationally.

Workforce and Diversity

As of the end of FY 2025-26, the bank's total permanent employee strength stood at 40,909, comprising 28,490 male (69.64%) and 12,419 female (30.35%) employees. Including other-than-permanent employees, the total workforce was 40,928. The bank also has 1,210 differently abled permanent employees.

The following table presents employee turnover rates across financial years:

The Board of Directors comprised 11 members, of whom 2 (18.18%) are women. Among Key Managerial Personnel, 1 out of 5 (20%) is a woman.

CSR Activities

Although CSR under Section 135 of the Companies Act, 2013 is not applicable to the bank, Indian Bank voluntarily spent ₹2,151.63 lakhs on CSR activities in FY 2025-26 across five focus areas. The breakdown is as follows:

Environmental Metrics

The bank's total energy consumption for FY 2025-26 was 671,026.49 gigajoules, of which 6,431.04 gigajoules were from renewable sources and 664,595.45 gigajoules from non-renewable sources. Total Scope 1 emissions were 5,868.43 metric tonnes CO2e and total Scope 2 emissions were 121,963.58 metric tonnes CO2e. Total water consumption stood at 5,14,581.26 kilolitres. Total waste generated was 791.18 metric tonnes.

Subsidiaries and Associates

The bank has seven holding/subsidiary/associate/joint venture entities, including Ind Bank Merchant Banking Services Ltd. (subsidiary, 64.84% stake), Ind Bank Housing Ltd. (subsidiary, 51.00% stake), Indbank Global Support Services Ltd. (subsidiary, 100.00% stake), Tamilnadu Grama Bank (associate, 35.00% stake), Puducherry Grama Bank (associate, 35.00% stake), Universal Sampo General Insurance Bank Ltd. (joint venture, 28.52% stake), and ASREC (India) Ltd. (joint venture, 38.27% stake).

Assurance

The BRSR Core Key Performance Indicators have received a Reasonable Assurance from FAP Solutions Private Limited, in accordance with ISAE 3000 (Revised) and ISAE 3410 standards, for the financial year ended March 31, 2026.