Image Source : Whalesbook
Indian Bank announced a strong 13.4% year-on-year growth in total business for Q3 FY26, driven by healthy credit expansion and solid deposit accretion. Total business stood at ₹14.30 lakh crore, reflecting continued operational strength and credit demand, even as its CASA ratio saw a slight moderation.
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State run Indian Bank delivered an impressive operational performance in the December 2025 quarter, underscoring consistent growth across lending and deposit segments. The bank’s total business rose 13.4% year on year to ₹14.30 lakh crore from ₹12.61 lakh crore a year ago, highlighting robust demand in both retail and corporate segments.
Gross advances climbed 14.5% year-on-year to ₹6.40 lakh crore, while total deposits grew 12.5% to ₹7.90 lakh crore. A notable 19.4% surge was seen in current account deposits, a key source of low cost funds. The bank’s Retail, Agriculture, and MSME (RAM) portfolio recorded 17% growth, demonstrating renewed strength in its core lending base.
Key Highlights
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Total business reached ₹14.30 lakh crore, up 13.4% year-on-year
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Gross advances rose 14.5% to ₹6.40 lakh crore
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Total deposits increased 12.5% to ₹7.90 lakh crore
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CA deposits surged 19.4% to ₹0.43 lakh crore
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RAM portfolio grew 17% year-on-year to ₹3.92 lakh crore
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Domestic CASA ratio eased to 39.02% from 40% last year
Source: Exchange filing, Indian Bank
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