18-October-2025
Banking
 
Indian Bank profit rises 11% to Rs 3,018 crore
17-Oct-2025

Indian Bank on Thursday reported an 11% year-on-year growth in its second-quarter net profit at Rs 3,018 crore, driven by higher interest income and lower provisioning for bad loans. Interest income rose 8% YoY to Rs 16,590 crore while interest expenses increased 10% to Rs 10,039 crore. Net interest income (NII) grew 6% to Rs 6,551 crore. The net interest margin remained stable at 3.23% on a sequential basis.

News Source:- https://www.financialexpress.com/business/banking-finance-indian-bank-profit-rises-11-to-3018-crore-4013220/?ref=morelatest_hp
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org