Indian Bank

NSE: INDIANB | BSE: 532814 | ISIN: INE562A01011 | Industry: Banks
| Strong Performer, Under Radar
956.5000 51.25 (5.66%)
NSE Apr 08, 2026 15:31 PM
Volume: 2.5M
 

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Indian Bank
26 Jan 2026
956.50
5.66%
ICICI Direct
Q3FY26 performance: Indian Bank delivered a steady operating performance. Gross advances grew 14.2% YoY (3.3% QoQ) to 6.39 lakh crore, led by sustained traction in RAM portfolio, while deposits rose 12.6% YoY (2% QoQ) to 7.91 lakh crore, with CASA ratio at 39.1%. NIM improved 5 bps QoQ to 3.28%, aided by deposit repricing, improving yield dynamics and CRR benefit. Opex rose 18% YoY, largely driven by higher insurance cost (DICGC premium). Provisions increased to 1,963 crore (up 8% QoQ), primarily due to higher precautionary buffers, led by an increase in SMA-1 provisioning from 5% to 10% (380 crore), partly offset by benign...
Indian Bank has an average target of 914.75 from 4 brokers.
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