Indian Bank's Q1 Net Profit Climbs 10% to ₹3,273 Crore
Indian Bank announced a 10.09% growth in its standalone net profit, reaching ₹3,273 crore for the first quarter of FY27. During the same period, the bank's Net Interest Income (NII) saw a 16.92% increase, totaling ₹7,435 crore. The lender's overall business expanded by 13.66% to hit ₹15.29 lakh crore. Additionally, the Gross NPA ratio strengthened to 1.86%, and the bank maintained solid operational progress with 95% of all transactions processed digitally.
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