Indian Bank

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• DebtHighest safetyRated AAA by CRISIL.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 15% and profit rose 14% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 74% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 8.6 times its yearly earnings (P/E), pricier than 67% of the time in the last 5 years. Its usual P/E is about 7.

Indian Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)8.6 against a typical 7: pricier than most peers (1st = cheapest).9th of 12
• Sales growth+15.2% against a typical +12.3% from a year earlier.4th of 12
• Profit growth+13.9% against a typical +23.7% from a year earlier.9th of 12
• Share price, 3 months+1.5% against a typical −5.1%.3rd of 12
• Size₹ 1,12,868.9 Cr. market value against a typical ₹ 59,662.7 Cr. (1st = largest).4th of 11

Exchange filings and their impact on the company.

• 22 Oct 2026General UpdatesLow impactNeutralPrice −2.2% on 23 Oct
  Indian Bank raised rates on two special fixed deposits from Oct 23 to attract deposits, with negligible earnings impact.

  Indian Bank's ALCO on Oct 22, 2026 approved an upward revision in interest rates on its special retail term deposits Ind Grow (555 days) and Ind Prosper (777 days), effective Oct 23, 2026. The filing did not disclose the revised rates in the extractable text. The move aims to mobilise retail deposits to support credit growth, but as it covers only two specific tenors its impact on overall funding cost and earnings over the next year is expected to be very small.

  Full analysisFiling
• 15 Oct 2026General UpdatesLow impactNegativePrice +2.3% on 16 Oct
  RBI found Indian Bank overstated Tier 2 capital by Rs 2,470 cr and understated RWA by Rs 22,079 cr, with no profit hit and capital still above minimum.

  Indian Bank disclosed RBI supervisory findings that it had wrongly counted Rs 2,470 crore of provisions for stressed standard assets in Tier 2 capital and understated credit risk-weighted assets by Rs 22,079 crore by not applying conversion factors to cancellable undrawn exposures. The bank said this does not change its reported net profit for March 2026 and its capital ratios remain above RBI minimums. It has already included the corrections in its September 2026 capital calculations.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingMedium impactPositivePrice −1.7% that day
  Strong Q2 with 15% profit growth and sharp bad-loan cleanup supports double-digit earnings growth.

  Indian Bank reported Q2 FY27 standalone net profit of Rs 3,462 crore, up 14.7% from a year ago, on total income of Rs 23,059 crore, with operating profit up 47% to Rs 7,090 crore. Asset quality improved sharply with gross bad loans down to 1.61% from 2.60% a year ago and net bad loans at 0.14%. The board also approved raising up to Rs 5,000 crore via infrastructure bonds and up to Rs 2,000 crore via AT1/Tier-2 bonds to support loan growth.

  Full analysisFiling
• 7 Oct 2026General UpdatesLow impactPositivePrice −2.5% on 8 Oct
  Indian Bank raised repo-linked lending rates by 25 bps, modestly lifting interest income.

  Indian Bank said it will raise its repo benchmark lending rate by 25 basis points from 8 October 2026, following the RBI's 25 bps policy repo rate hike. Other benchmark rates are unchanged. This should modestly increase interest earned on repo-linked loans over the next year, supporting net interest income and profit.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Binod Kumar

Chief Executive Officer, Managing Director, Executive Director

Sunil Jain

Chief Financial Officer, General Manager

Dina Nath Kumar

Compliance Officer, Assistant General Manager, Company Secretary

Vivek ..

General Manager

Ajay Agarwal

General Manager

Mahendra Nath Bajpai

General Manager

Vineet Bajpai

General Manager

Sushmit Banerjee

General Manager