Athira Sethu
Kochi, 13 July 2026
Indian Bank posted a strong start to FY27, reporting double-digit growth in both profit and net interest income for the June quarter, alongside further improvement in asset quality and profitability. The public sector lender also maintained healthy balance sheet metrics, while management expressed confidence in sustaining growth despite global uncertainties.
Q1FY27 Financial Performance
| Metric | Q1FY27 | Q1FY26 / Comparison | Change |
| Net Profit | ₹3,273 crore | ₹2,973 crore | ▲ 10% YoY |
| Net Interest Income (NII) | ₹7,435 crore | ₹6,360 crore | ▲ 17% YoY |
| Domestic Net Interest Margin (NIM) | 3.41% | 3.35% | +6 bps YoY |
Asset Quality
| Indicator | Q1FY27 | Previous Comparison | Trend |
| Gross NPA | 1.86% | 1.98% (Q4FY26) | Improved |
| Net NPA | 0.15% | 0.15% (Q4FY26) | Stable |
| Slippage Ratio | 0.77% | 0.94% (Q1FY26) | Improved |
| Provisions | ₹1,196 crore | ₹1,226 crore (Q4FY26) | Lower |
Business Metrics
| Metric | Q1FY27 | Comparison |
| Credit-Deposit Ratio | 81.06% | 80.77% (Q1FY26) |
| RAM Growth | 14% | Driven by retail lending |
| Retail Loan Growth | 18% | Key growth driver |
