Indian Bank plans on growing in retail, agri, MSME sectors going forward
This story was originally published at 19:45 IST on 22 January 2026
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--Indian Bank: Plan on growing in retail, agri, MSME sectors going forward
--CONTEXT: Comments from Indian Bank mgmt in post Q3 earnings media call
--Indian Bank: Not seeing any stress in MSME portfolio
By Divya Moolayattil and Kabir Sharma
MUMBAI - Indian Bank plans to focus on retail, agriculture, and the micro, small, and medium enterprises segment in the coming years in order to diversify its risk. "If one corporate loan of Rs 5000 crore (INR 50 billion) defaults, the entire Rs 5000 crore is gone, but in the RAM (retail, agriculture, and micro, small, and medium enterprises) sector, the risk is diversified. The bank can sanction many loans for INR 5000 crore," a top executive of the bank said in a press conference.
The Chennai-based bank disbursed INR 1.3 trillion worth of retail loans in the December quarter, up 18.5% from a year ago. The bank also disbursed INR 1.04 trillion worth of micro, small, and medium enterprises loans, up 16.41% on year. During the quarter, it disbursed agriculture loans worth INR 1.49 trillion, up 15.41% on year.
The bank is not facing any stress in the micro, small, and medium enterprises sector, Managing Director and Chief Executive office Binod Kumar said. The growth in micro, small, and medium enterprises loans in Tamil Nadu was 25%, more than rest of the country, he added.
The state-owned lender posted a net profit of INR 30.61 billion for Oct-Dec, up from INR 28.52 billion a year earlier. Total income for the quarter rose to INR 196.63 billion from INR 179.12 billion in the year-ago quarter.
The company said its digital business grew around 1.7 times on year in the December quarter. So far in FY26, the lender has added around 75 branches and 3,000 employees, Kumar said.
Shares of the bank surged after its earnings were declared. They closed 5.4% higher at INR 896.75 on the National Stock Exchange. End
Edited by Ashish Shirke
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