Indian Bank Reports Robust 12% Growth in Deposits and 12.9% Surge in Advances

2 min read     Updated on 01 Oct 2025, 08:21 PM
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Overview

Indian Bank announced significant growth in key financial metrics for the half-year ended September 30, 2025. Total deposits increased by 12% year-over-year to ₹7.76 lakh crore, while gross advances grew by 12.9% to ₹6.22 lakh crore. The bank's total business expanded by 12.4% to ₹13.98 lakh crore. The RAM (Retail, Agriculture, and MSME) portfolio showed exceptional growth of 16.3%. Savings Bank deposits rose by 6.4%, and Current Account deposits grew by 13.9%. The bank also announced a new team of Statutory Central Auditors for the limited review of its financial results.

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*this image is generated using AI for illustrative purposes only.

Indian Bank , a prominent public sector lender, has announced impressive growth in its key financial metrics for the half-year ended September 30, 2025. The bank's performance demonstrates strong momentum in both its deposit base and lending activities.

Deposit and Advance Growth

Indian Bank reported a significant increase in its total deposits, which grew by 12% year-over-year to reach ₹7.76 lakh crore. This growth in deposits indicates strong customer confidence and the bank's ability to attract funds effectively.

Simultaneously, the bank's gross advances exhibited a robust expansion of 12.9% year-over-year, reaching ₹6.22 lakh crore. This growth in lending activities suggests a healthy demand for credit and the bank's proactive approach in meeting the financial needs of its customers.

Business Segments Performance

The bank's total business, which combines deposits and advances, grew by 12.4% year-over-year, amounting to ₹13.98 lakh crore. This overall growth reflects the bank's strong performance across its various business segments.

Notably, Indian Bank's RAM (Retail, Agriculture, and MSME) portfolio, focusing on domestic lending, showed exceptional growth of 16.3% year-over-year, reaching ₹3.78 lakh crore. This performance underscores the bank's commitment to supporting key sectors of the Indian economy.

Deposit Composition

Breaking down the deposit growth, Indian Bank reported:

  • Savings Bank (SB) deposits increased by 6.4% to ₹2.48 lakh crore
  • Current Account (CA) deposits grew by an impressive 13.9% to ₹0.41 lakh crore

The substantial growth in current account deposits is particularly noteworthy, as it typically represents a stable and low-cost source of funds for the bank.

Financial Highlights

Particulars (in ₹ Lakh Crore) 30.09.2025 (Provisional)* 30.09.2024 Y-o-Y Growth (%)
Total Business 13.98 12.44 12.40
Total Deposits 7.76 6.93 12.00
Gross Advances 6.22 5.51 12.90
RAM (Domestic) 3.78 3.25 16.30

*Subject to review by the Statutory Central Auditors of the Bank.

Auditor Update

In a separate announcement, Indian Bank informed that the limited review of its financial results for the quarter and half-year ended September 30, 2025, will be conducted by a new team of Statutory Central Auditors (SCAs). The new team comprises:

  1. M/s S Singhal & Co., Chartered Accountants, Jaipur
  2. M/s G Balu Associates LLP, Chartered Accountants, Chennai
  3. M/s Dass Gupta & Associates, Chartered Accountants, New Delhi
  4. M/s Arun K Agarwal & Associates, Chartered Accountants, New Delhi

M/s Kailash Chand Jain & Co., Chartered Accountants, Mumbai, has completed its term as the bank's SCA.

Indian Bank's strong performance across key metrics reflects its resilience and strategic focus on growth. The double-digit increase in both deposits and advances positions the bank well for continued expansion in the Indian banking sector.

Historical Stock Returns for Indian Bank

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-1.82%+4.07%+10.25%+38.82%+39.83%+1,188.55%
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Indian Bank Adjusts Lending Rates: MCLR, TBLR, Base Rate, and BPLR Revised

1 min read     Updated on 30 Sept 2025, 08:03 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Indian Bank has announced changes to its lending rates effective October 3, 2025. The bank reduced overnight MCLR from 8.05% to 7.95% and 1-month MCLR from 8.30% to 8.25%. Treasury Bills Linked Lending Rates (TBLR) increased by 5 basis points across all tenors. Base Rate lowered from 9.70% to 9.60%, and BPLR decreased from 13.95% to 13.85%. Policy Repo Rate remains at 5.50% and Repo Linked Benchmark Lending Rates (RBLR) stays at 8.20%.

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*this image is generated using AI for illustrative purposes only.

Indian Bank , a major public sector lender, has announced significant changes to its benchmark lending rates, effective October 3, 2025. The bank's Asset Liability Management Committee (ALCO) has reviewed and revised several key rates, potentially impacting borrowers across various loan categories.

MCLR Adjustments

The Marginal Cost of funds based Lending Rate (MCLR), a key determinant for loan interest rates, has seen selective reductions:

  • Overnight MCLR: Reduced from 8.05% to 7.95%
  • 1-month MCLR: Lowered from 8.30% to 8.25%
  • 3-month, 6-month, and 1-year MCLR: Remain unchanged at 8.45%, 8.70%, and 8.85% respectively

Treasury Bills Linked Lending Rates (TBLR) Increase

Indian Bank has implemented a uniform increase of 5 basis points across all tenors for its Treasury Bills Linked Lending Rates:

Tenor Existing Rate Revised Rate
<= 3 months 5.45% 5.50%
> 3 months & <= 6 months 5.55% 5.60%
> 6 months & <= 1 year 5.55% 5.60%
> 1 year & <= 3 Years 5.55% 5.60%

Base Rate and BPLR Reductions

The bank has also lowered its Base Rate and Benchmark Prime Lending Rate (BPLR):

  • Base Rate: Reduced from 9.70% to 9.60%
  • BPLR: Decreased from 13.95% to 13.85%

Unchanged Rates

Indian Bank has maintained the following rates:

  • Policy Repo Rate: Remains at 5.50%
  • Repo Linked Benchmark Lending Rates (RBLR): Stays at 8.20%

These rate adjustments reflect the bank's response to current market conditions and may influence the cost of borrowing for both new and existing customers. Borrowers with loans linked to MCLR, TBLR, Base Rate, or BPLR should take note of these changes as they may impact their EMIs or interest payments.

The revised rates, as confirmed by the bank's regulatory filing, will come into effect from October 3, 2025. Customers are advised to contact Indian Bank for more information on how these changes might affect their specific loan agreements.

Historical Stock Returns for Indian Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-1.82%+4.07%+10.25%+38.82%+39.83%+1,188.55%
Indian Bank
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