VERIFIEDMint Markets·1 Jul 2026positive

Indian Bank Q1 business update: Lender reports 13.3% growth in deposits, advances rise 13.9%

AI Summary

·Indian Bank reported a 13.6% YoY growth in total business to ₹15.28 lakh crore for Q1 FY26.
·Deposits saw a 13.3% increase, while gross advances grew by 13.9%.
·Net profit for the quarter was ₹3,103 crore, with improvements in asset quality.