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EquityWireIndian Bank's advances up 13.6% YoY as of Mar 31, deposits rise 12.6%

Indian Bank's advances up 13.6% YoY as of Mar 31, deposits rise 12.6%

This story was originally published at 19:12 IST on 1 April 2026
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Informist, Wednesday, Apr. 1, 2026

 

--Indian Bank: Domestic CASA ratio 39.86% as on Mar 31 vs 40.17% year ago 
--Indian Bank: Total deposits INR 8.30 tln as on Mar 31, up 12.6% on year 
--Indian Bank: Gross advances INR 6.68 tln as on Mar 31, up 13.6% on year 

 

NEW DELHI – Indian Bank's advances grew 13.6% on year to INR 6.68 trillion as of Mar. 31, according to the provisional figures released by the bank Wednesday. Its total deposits were up 12.6% on year at INR 8.30 trillion as of Mar. 31. The lender's current account savings account ratio contracted to 39.86% as of Mar. 31 from 40.17% a year ago. It had reported a CASA ratio of 39.08% as of Dec. 31.

 

The bank's total business rose 13.1% on year to INR 14.98 trillion as of Mar. 31, as per the release. For the December quarter, the bank had reported a net profit of INR 30.61 billion, up 7% on year, on total income of 196.63 billion. Shares of the bank closed 5% higher Wednesday at INR 888.00 on the National Stock Exchange.  End

 

Reported by Krity Ambey

Edited by Deepshikha Bhardwaj

 

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