Indian Bank June quarter net profit rises 10% to ₹3,273 crore
Indian Bank reported a 10% increase in net profit to ₹3,273 crore for the June quarter of FY27. The bank also saw growth in net interest income and total deposits, alongside an improved domestic CASA ratio.
Why it matters
Strong financial performance from a major PSU lender indicates stability and growth in the Indian banking sector.
Chennai headquartered Indian Bank has posted a 10% increase in its net profit to ₹3,273 crore in the June quarter of financial year 2027 (FY27).
The bank’s net profit stood at ₹2,973 crore in the same quarter of the previous fiscal. The PSU lender’s net interest income (NII) rose 16.92% to ₹7,435 crore during the quarter from ₹6,359 crore a year earlier.
Gross advances increased 13.89% year on year to ₹6,84,623 crore in June 2026 from ₹6,01,147 crore in June 2025. Total deposits rose 13.47% to ₹8,44,578 crore from ₹7,44,289 crore a year ago. Domestic CASA ratio increased to 39.73% from 38.97%. RAM (Retail, Agriculture & MSME) advances grew by 14.80% YoY to ₹4,16,992 crore in June 2026 from ₹3,63,221 crore in June 2025.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in