Indian Bank gains as Q1 PAT rises 10% YoY to Rs 3,273 crore
Mumbai, July 10 -- The bank's total income increased 10.69% to Rs 20,723.62 crore in Q1 FY27 from Rs 18,721.31 crore in Q1 FY26.
Operating profit (profit before provisions and contingencies) stood at Rs 5,557.29 crore in Q1 FY27, up 16.49% from Rs 4,770.28 crore in Q1 FY26.
Net interest income (NII) increased 16.92% year-on-year to Rs 7,435 crore in Q1 FY27, compared with Rs 6,359 crore in Q1 FY26.
The bank's deposits increased 13.47% year-on-year to Rs 8,44,578 crore in Q1 FY27, compared with Rs 7,44,289 crore in Q1 FY26. As of 30 June 2026, current account deposits rose 26.33% year-on-year, while savings deposits and CASA deposits increased 13.54% and 15.30%, respectively.
Gross advances rose 13.89% year-on-year to Rs 6,84,623 crore...
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