Indian Bank Q1 business update: Lender reports 13.3% growth in deposits, advances rise 13.9%
New Delhi, July 1 -- State-owned lender Indian Bank today reported healthy business growth for the quarter ended June 30, 2026, with its total business rising 13.6% year-on-year to Rs.15.28 lakh crore, compared with Rs.13.45 lakh crore in the corresponding quarter last year.
The bank in its regulatory filing reported a 13.3% YoY jump in total deposits, climbing to Rs.8.43 lakh crore from Rs.7.44 lakh crore, led by steady growth in both savings and current account balances.
Savings Bank (SB) deposits rose 12.9% to Rs.2.70 lakh crore, while Current Account (CA) deposits registered a stronger 26.3% growth to Rs.0.48 lakh crore.
The bank's domestic CASA ratio remained largely stable at 39.64%, compared with 38.97% a year earlier.
On the l...
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