Indian Bank

NSE: INDIANB | BSE: 532814 | ISIN: INE562A01011 | Industry: Banks
| Strong Performer
634.0500 4.35 (0.69%)
NSE Jun 06, 2025 15:31 PM
Volume: 3.5M
 

634.05
0.69%
Motilal Oswal
INBK reported a mixed 2QFY22, with weak NII and elevated provisions affecting PBT growth. However, net tax reversals aided earnings beat. On the other hand, asset quality trends were largely stable. Total recovery from the DHFL resolution stood at INR6.1b, which was mainly utilized towards creating provisions on one large corporate account (SREI Infra). On the business front, loan growth was impacted on account of a decline in the Corporate portfolio (5% YoY decline), with a strong sequential recovery in the Retail and MSME segment....
Number of FII/FPI investors increased from 285 to 292 in Mar 2025 qtr.
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