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New Delhi: Public sector lender Indian Bank has reported a stellar set of financial results for the quarter ended June 30, 2026, triggering immediate market optimism. The Chennai-headquartered bank reported a 10.09% rise in profits to ₹3,273 crore as the bank worked to improve its asset quality.
Along with that, it reported a total income of ₹20,724 crore during the quarter, from ₹18,721 crore during the same quarter last year. Its Net Interest Income (NII) also increased to 16.9% YoY to ₹7,435 crore with the domestic NIM improving to 3.41% in June 2026 from 3.35% in June 2025.
The Bank saw its advances grow to almost ₹6.84 lakh crore as it successfully shifted a higher percentage of its capital into high-margin loans. Segment-wise, the bank saw an 18.74% YoY rise in retail loans while MSME loans saw a 17.03% YoY rise.
This rise has corresponded to an improvement in its asset quality, with its Non-Performing Assets (NPAs) declining to 1.86% in this quarter from 3% a year ago. Its net NPAs, or bad loans, have also declined to 0.15% from 0.18% in the same period.
Following the news, Indian Bank’s shares rose almost 10% to reach ₹873 by 4 PM on July 10.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
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