Indian Bank FY26 Net Profit Up 11.33% YoY

Indian Bank reported FY26 net profit of ₹12,156 crore, an 11.33% YoY increase, driven by strong business growth and improved asset quality.
Total business grew 12.79% with gross advances up 13.43% YoY and deposits up 12.29% YoY, while domestic CASA ratio remained healthy at 39.67%.
Asset quality improved significantly with GNPA reducing 111 bps YoY to 1.98% and NNPA at 0.15%, supported by a high provision coverage ratio of 98.28%.
The bank maintained strong capital adequacy at 17.93% with CET-1 at 16.40%, while digital banking saw robust growth with ₹2.72 lakh crore business through digital channels.