Indian Bank
858.70
+6.60(+0.77%)
Market Cap₹1,15,663.80 Cr
PE Ratio10.18
IndustryBanks
Company Performance:
1D+0.77%
1M+11.07%
6M+33.86%
1Y+62.83%
5Y+846.23%
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More news about Indian Bank
31Dec 25
Indian Bank Reduces MCLR and TBLR Rates Across All Tenors Effective January 3, 2026
Indian Bank has announced a reduction in benchmark lending rates effective January 3, 2026, following an ALCO review. MCLR rates have been cut by 5 basis points across all tenors, ranging from 7.90% to 8.75%. TBLR rates have been reduced by 5-10 basis points, while Base Rate and BPLR have each been lowered by 5 basis points to 9.55% and 13.80% respectively. Policy Repo Rate and RBLR remain unchanged at 5.25% and 7.95%.
30Dec 25
Indian Bank Cancels Director Election Agenda as Candidate Deemed Elected Unopposed for EGM on January 09, 2026
Indian Bank has cancelled the shareholder director election agenda for its January 09, 2026 EGM after Shri Bhupinder Singh Bhalla was deemed elected unopposed. The 61-year-old candidate, with qualifications in B.Com(Hons), ICWA, PGDM (IIM Bangalore), and MBA, received "Fit & Proper" status from the NRC on December 30, 2025. He will assume office from December 31, 2025, serving until March 08, 2027. The EGM will proceed as scheduled at 11:00 AM IST through VC/OAVM with remaining agenda items.
30Dec 25
Indian Bank Completes ₹392 Crore AT1 Bonds Redemption via Call Option Exercise
Indian Bank completed full redemption of its Basel III Compliant AT1 Bonds Series IV worth ₹392 crores on December 30, 2025, through call option exercise. The bank simultaneously paid annual interest of ₹33.08 crores, with 3,920 bonds redeemed and no outstanding amount remaining.
22Dec 25
Indian Bank Announces Record Date for Tier2 Bonds Series III Interest Payment
Indian Bank has set January 12, 2026 as the record date for annual interest payment on Tier2 Bonds Series III worth ₹1,000 crores at 8.15% interest rate. The payment, originally due January 25, 2026, will be made on January 27, 2026 due to intervening holidays, with no additional interest charges as per offer document terms.
18Dec 25
Indian Bank Secures RBI Approval for ₹2000 Crore Tier 2 Bond Call Option Exercise
Indian Bank has successfully obtained RBI approval to exercise the call option on its Tier 2 Bonds Series V worth ₹2000 crores, removing the final regulatory hurdle for the corporate action scheduled for January 13, 2026. The approval enables the bank to proceed with the call option on its Basel III compliant bonds carrying a 6.18% coupon rate, originally issued in January 2021, with the record date set for December 29, 2025.
01Dec 25
Indian Bank Adjusts Lending Rates: MCLR and TBLR Revised Across Tenors
Indian Bank has announced changes to its lending rates, effective December 3, 2025. The Marginal Cost of funds based Lending Rate (MCLR) and Treasury Bills Linked Lending Rates (TBLR) have been revised across various tenors. The overnight MCLR is set at 7.95%, while the 1-year MCLR is 8.80%. TBLR for 3 months to 3 years ranges from 5.45% to 5.55%. Base Rate, BPLR, Policy Repo Rate, and RBLR remain unchanged. These adjustments may impact EMIs for floating rate loans. The bank's financial metrics show growth, with total assets at ₹873,411.00 crore, up 10.19% year-over-year.
11Nov 25
Indian Bank Completes Rs 560 Crore AT1 Bond Series III Redemption Payment
Indian Bank has successfully executed the redemption of its AT1 Bond Series III worth Rs 560 crore along with interest payment of Rs 47.26 crore on December 12, 2025. This follows the bank's earlier RBI approval for call options on three AT1 bond series totaling Rs 2,000 crore, with the payment completed ahead of the original December 14 due date due to business day adjustments.
03Nov 25
Indian Bank Shares Soar 70% YTD, Potential Index Inclusion Fuels Rally
Indian Bank shares continued their upward trend, rising over 3% on Monday. The stock has shown impressive performance with a 70% year-to-date return and a 10x return over the past five years. The bank's Q2 FY2024 results showed growth in core income and net profit, along with improved asset quality. The recent rally may be linked to potential inclusion in the Nifty Bank index, which could lead to significant inflows. Analysts are largely positive, with 12 out of 14 recommending a 'Buy'.
01Nov 25
Indian Bank to Exercise Call Option on AT1 Perpetual Bonds Worth Rs 2,000 Crore
Indian Bank has announced plans to exercise call options on three series of Additional Tier 1 (AT1) Perpetual Bonds totaling Rs 2,000 crore, subject to RBI approval. The bonds, issued in December 2020 with an 8.44% coupon rate, have call dates in December 2025. The bank has set specific record dates and payment schedules for each series. Additionally, Indian Bank has migrated its email and website domains to comply with RBI's cybersecurity directive.
31Oct 25
Indian Bank Adjusts Treasury Bills Linked Lending Rates Downward
Indian Bank has announced a reduction in its Treasury Bills Linked Lending Rates (TBLR) across various tenors, effective November 3, 2025. The rates have been uniformly decreased by 5 basis points, with the overnight rate now at 5.45% and rates for 3 months to 3 years at 5.55%. Other key rates, including the Marginal Cost of funds based Lending Rate (MCLR), Base Rate, and Repo Linked Benchmark Lending Rates, remain unchanged. This adjustment may lead to slightly lower borrowing costs for customers with TBLR-linked loans.
17Oct 25
Indian Bank Maintains Credit Growth Guidance, Improves Gross NPA Target
Indian Bank reaffirms its credit growth guidance at 10-12% for the current fiscal year, with expectations to exceed this range. The bank has revised its gross NPA target from below 3% to below 2%, indicating improved asset quality management. Indian Bank aims for an 18-20% return on equity and maintains its recovery goal at ₹5,500-6,500 crore, having already recovered ₹3,700 crore. Q2 results show improvements with net profit up 11.49% YoY to ₹3,018.00 crore and gross NPA ratio down by 88 bps to 2.60%.
16Oct 25
Indian Bank Reports 11.9% Increase in Q2 Net Profit with Improved Asset Quality and Reduced Fresh Slippages
Indian Bank's Q2 results show a net profit increase of 11.9% to ₹30.20 billion, with interest income rising 8.5% to ₹166.00 billion. The bank's asset quality improved significantly, with Gross NPA ratio decreasing to 2.60% from 3.01% QoQ, and Net NPA ratio falling to 0.16% from 0.18% QoQ. Fresh slippages reduced to ₹11.32 billion from ₹13.3 billion in the previous quarter, indicating better asset management. Provisions for non-performing assets slightly decreased to ₹3.80 billion.
01Oct 25
Indian Bank Reports Robust 12% Growth in Deposits and 12.9% Surge in Advances
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.
30Sept 25
Indian Bank Adjusts Lending Rates: MCLR, TBLR, Base Rate, and BPLR Revised
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%.
30Sept 25
Indian Bank Shares See Rs. 37 Crore Block Deal on NSE
Indian Bank, a public sector bank in India, experienced a significant block deal on the National Stock Exchange (NSE). The transaction involved approximately 500,702 shares at Rs. 739.00 per share, totaling around Rs. 37 crores. This deal highlights investor interest in the banking sector and may indicate potential changes in institutional holdings or increased interest from large investors.
01Aug 25
Indian Bank Reports 23.69% YoY Net Profit Growth in Q1, Maintains Strong Asset Quality
Indian Bank reported a net profit of Rs. 2,973.00 crores for Q1, up 23.69% year-over-year. Total business grew by 10.25% YoY to Rs. 13.45 trillion, with advances increasing by 11.50% YoY to Rs. 6.01 trillion. The bank's asset quality improved significantly, with gross NPA ratio declining to 3.01% from 3.77% a year ago. Net Interest Income rose 2.93% YoY to Rs. 6,359.00 crores. The bank opened 51 new branches and plans to open a total of 119 branches. Management guidance for the full year includes 10-12% advance growth and 8-10% deposit growth.
29Jul 25
Indian Bank's Earnings Disappoint, Reflecting Broader Banking Sector Pressure
Indian Bank, a leading private sector bank in India, reported a significant decline in its quarterly profits. Net profit decreased by 21.75% to ₹2,277.10 crore, while EPS fell by 21.76% to ₹16.90. Revenue showed a modest increase of 4.06% to ₹18,905.60 crore. The bank's operating profit remained relatively stable with a marginal decrease of 0.28%. This performance, along with disappointing results from other major Indian banks, has led to increased pressure on banking stocks and raised concerns about the sector's overall performance.
24Jul 25
Indian Bank Reports Robust Q1 Performance with 24% Surge in Net Profit
Indian Bank's Q1 FY24 results show significant growth with net profit rising 24% to ₹2,970.00 crore. Interest income increased by 8.4% to ₹16,300.00 crore. Asset quality improved with GNPA ratio decreasing to 3.01% and NNPA ratio to 0.18%. These results indicate the bank's operational efficiency and effective risk management strategies.
03Jul 25
Indian Bank Reports Double-Digit Growth in Gross Advances, Deposits Rise
Indian Bank's provisional figures for the period ending June 30 show significant growth. Gross advances increased by 11.30% year-over-year, while total deposits grew by 9.30%. This balanced growth strategy, with advances outpacing deposits, suggests potential for improved net interest margins.
02Jul 25
Indian Bank Reports 10.2% Growth in Total Business, Advances and Deposits Show Steady Rise
Indian Bank announced significant growth across key financial metrics. Total business increased by 10.2% year-on-year to ₹13.44 lakh crore. Gross advances grew by 11.3% to ₹6.00 lakh crore, while total deposits rose by 9.3% to ₹7.44 lakh crore. The bank's RAM (Retail, Agriculture, and MSME) portfolio expanded by 16.0% to ₹3.63 lakh crore, highlighting a balanced growth strategy and focus on diverse lending avenues.
02Jul 25
Indian Bank Eliminates Minimum Balance Charges, Reduces MCLR
Indian Bank announces two significant changes: waiver of minimum balance charges for all savings accounts effective July 7, 2025, and a 5 basis point reduction in one-year MCLR to 9.00%, effective July 3, 2025. These moves aim to enhance customer satisfaction and adjust lending rates in response to market conditions.
16Jun 25
Indian Bank Sees Major Block Trade: Over 1 Million Shares Change Hands
A significant block trade of Indian Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 1,053,728 shares, valued at Rs. 65.87 crores, with each share priced at Rs. 625.10. This large-scale trade indicates substantial investor interest in the public sector bank, potentially reflecting broader trends in the banking sector.
11Jun 25
Indian Bank Shares: Major Block Trade Worth Rs. 61.81 Crores on NSE
A significant block trade of Indian Bank shares occurred on the National Stock Exchange (NSE). Approximately 981,814 shares were traded at Rs. 629.50 per share, totaling Rs. 61.81 crores. This transaction represents a substantial portion of Indian Bank's daily trading volume and could potentially impact the stock's liquidity and price action.
10Jun 25
Indian Bank Shares: Block Trade of 6.37 Lakh Shares Worth Rs. 39.72 Crores
A significant block trade of Indian Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 636,568 shares priced at Rs. 624.00 each, totaling Rs. 39.72 crores. This large-scale trade suggests continued interest in Indian Bank's stock among institutional investors or major shareholders. While the identities of the parties involved remain undisclosed, such transactions can potentially indicate shifts in investor sentiment or portfolio adjustments.
09Jun 25
Indian Bank Announces Rs 16.25 Final Dividend, Reports 32% Profit Growth in Q4 FY2025
Indian Bank declared a final dividend of Rs 16.25 per share for FY2025, with June 10 as the record date. The bank's Q4 FY2025 results show significant growth: net profit up 32% to Rs 2,956 crore, revenue increased 10.14% to Rs 18,599 crore, and operating profit rose 16.41% to Rs 10,947 crore. The bank's annual performance for FY2025 was equally impressive, with net profit up 35.25% to Rs 10,995 crore and revenue growing 12.17% to Rs 72,051 crore. Operational efficiency improved with OPM increasing to 69.04% and expenses reducing by 5.98%.
09Jun 25
Indian Bank Sees Major Block Trade: 701,274 Shares Sold for Rs. 45.47 Crores
A significant block trade of 701,274 shares of Indian Bank occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 45.47 crores, with shares priced at Rs. 648.35 each. This large-scale trade suggests institutional activity and demonstrates market liquidity for Indian Bank's stock.
15May 25
Indian Bank Unveils New Fixed Deposit Schemes with Attractive Interest Rates
Indian Bank introduced two new fixed deposit schemes: IND SECURE (444 days) offering up to 7.90% interest, and IND GREEN (555 days) offering up to 7.55%. The bank also revised interest rates for other tenures, with 1-year FDs now at 6.10% and 2-3 year FDs at 6.70%. These new schemes replace the discontinued IND Super 400 Days and IND Supreme 300 Days schemes, providing depositors with higher returns and more flexible investment options.
05May 25
Indian Bank Reports Impressive Q4 Profit Surge
Indian Bank announced impressive Q4 results for the fiscal year, with net profit soaring to ₹2,956.00 crore, a 31.60% increase from the previous year. Interest income also grew by 8.20% to ₹15,800.00 crore. These strong figures indicate effective strategies and robust performance in core banking operations.
03May 25
Indian Bank: Q4 Profit Soars 32%, Asset Quality Improves
Indian Bank announced strong financial results for Q4 and FY25. Net profit increased by 32% YoY to ₹2,956.00 crore in Q4, while NII rose 6.2% to ₹6,389.00 crore. The bank significantly improved its asset quality, with GNPA ratio decreasing to 3.09% from 3.95% YoY. For FY25, net profit grew 35% to ₹10,918.00 crore. The bank declared a dividend of ₹12.60 per equity share for FY25.
24Apr 25
Indian Bank Schedules Board Meeting to Review Q4 Results and Discuss Capital Raising
Indian Bank has scheduled a board meeting for May 3, 2025, to review Q4 and FY 2024-25 financial results, consider dividend recommendation, and discuss capital raising proposals. The trading window for insiders will remain closed until May 5, 2025.
09Apr 25
Indian Bank Slashes Lending Rates Following RBI's Repo Rate Cut
Indian Bank has reduced its lending rates effective April 11, 2025. The Repo-Based Lending Rate is cut from 6.25% to 6.00%, and the Repo-Linked Benchmark Lending Rate (RBLR) from 9.05% to 8.70%. This aligns with RBI's recent 25 basis point repo rate reduction. Additionally, Indian Bank's sponsored Saptagiri Grameena Bank will merge into Andhra Pradesh Grameena Bank from May 1, 2025, as part of a broader rural banking consolidation initiative.
08Apr 25
Indian Bank's Saptagiri Grameena Bank to Merge with Andhra Pradesh Grameena Bank
Indian Bank announced that its sponsored entity, Saptagiri Grameena Bank, will be amalgamated into Andhra Pradesh Grameena Bank effective May 1, 2025. This merger is part of a larger consolidation of regional rural banks in Andhra Pradesh, including Chaitanya Godavari Grameena Bank, Andhra Pragathi Grameena Bank, and Andhra Pradesh Grameena Vikas Bank. The new consolidated entity will be sponsored by Union Bank of India, marking a shift from Indian Bank's current sponsorship role.
07Apr 25
Indian Bank Reports Robust Q4 Business Growth Across Key Metrics
Indian Bank's Q4 business update reveals significant growth. Total business increased by 5.10% to ₹13.25 lakh crore, deposits grew by 5.00% to ₹7.37 lakh crore, and gross advances rose by 5.20% to ₹5.88 lakh crore. This consistent growth across all key metrics indicates the bank's expanding operations, increasing customer confidence, and continued support to various economic sectors.
04Apr 25
Indian Bank Reports Robust Q4 Growth Across Key Metrics
Indian Bank's Q4 FY2024-25 business update shows significant growth across key financial metrics. Total business increased by 5.1% quarter-on-quarter to ₹13.25 lakh crore. Total deposits grew by 5% to ₹7.37 lakh crore, while gross advances expanded by 5.2% to ₹5.88 lakh crore. The domestic RAM (Retail, Agriculture, and MSME) portfolio also saw a 4.8% growth, reaching ₹3.51 lakh crore. These figures are provisional and subject to audit.
26Mar 25
Indian Bank Faces ₹873.15 Crore Tax Demand, Plans to Appeal
Indian Bank has received a tax demand of ₹873.15 crore for the assessment year 2017-18 from the Income Tax Department. The bank plans to file an appeal, citing strong grounds and precedents. It expects the entire demand to be set aside and assures no material impact on its financials or operations.
21Mar 25
Indian Bank Approves ₹5,000 Crore Additional Infrastructure Bond Issuance
Indian Bank's Board has approved raising up to ₹5,000 crore through Long Term Infrastructure Bonds, in addition to the ₹10,000 crore already raised in FY 2024-25. The bonds will be issued in tranches during the current or subsequent financial year to finance or refinance infrastructure and affordable housing projects. This move aims to strengthen the bank's position in infrastructure financing and aligns with India's focus on infrastructure development.
20Mar 25
Indian Bank Approves ₹5,000 Crore Additional Infrastructure Bond Issuance
Indian Bank's Board of Directors has approved raising up to ₹5,000 crore through Long Term Infrastructure Bonds, in addition to the ₹10,000 crore already raised in FY 2024-25. The bonds will be issued in one or more tranches during the current or subsequent financial year, aimed at financing or refinancing infrastructure and affordable housing projects. The bank plans to execute the issuance at an opportune time based on requirements, in compliance with RBI guidelines and relevant regulations.
15Mar 25
Indian Bank to Consider Fundraising Plan Amid Strong Q3 Performance
Indian Bank will discuss potential fundraising in a board meeting on March 20, 2025, following impressive Q3 FY2024-25 results. The bank reported a 35% year-on-year increase in net profit, with net profit rising to ₹2,910.2 crore, revenue growing to ₹18,167.6 crore, and EPS improving to ₹21.6. The bank also saw improvements in asset quality and operational efficiency.
14Mar 25
Indian Bank to Deliberate on Fund Raising Plan in Upcoming Board Meeting
Indian Bank has announced a board meeting on March 20, 2025, to consider a fund raising proposal. The public sector lender aims to explore options for strengthening its capital position or seeking new funding avenues. While specific details remain undisclosed, such initiatives typically focus on improving capital adequacy, supporting business expansion, enhancing lending capabilities, meeting regulatory requirements, and investing in technology and infrastructure.
20Feb 25
Indian Bank Recovers ₹235 Crore in Assets from Money Laundering Case
The Enforcement Directorate has restored immovable properties worth ₹235 crore to Indian Bank in connection with a money laundering case involving Saravana Stores. This recovery, while significant, represents a small fraction of the bank's total assets of ₹792,619 crore. The bank has shown strong growth in total assets and equity over the past year, with this recovery potentially improving its asset quality and profitability.
Indian Bank
858.70
+6.60
(+0.77%)
1 Year Returns:+62.83%
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