Indian Bank Q1 Standalone net profit rises 10% YoY

For the April–June quarter of FY27, Indian Bank declared a standalone net profit of Rs 3,273 crore on Friday. This represents a more than 10% year-over-year (YoY) increase from Rs 2,973 crore recorded in the same quarter of the previous fiscal year.

The PSU lender’s net interest income (NII), meanwhile, rose nearly 17% to around Rs 7,435 crore in Q1 FY27 from Rs 6,359 crore in Q1 FY26. The company’s shares surged around 10% following the release of the results.

Indian Bank’s rise in net profit and NII was accompanied by a sharp improvement in asset quality. Gross non-performing assets (GNPA) fell nearly 30% YoY to Rs 12,710 crore, while the gross NPA ratio declined to 1.86% from 3.01% in Q1 FY26. Net NPA, meanwhile, fell over 4% YoY to Rs 990 crore, with the net NPA ratio improving to 0.15% from 0.23% a year earlier.

The PSU bank’s net worth rose nearly 14% YoY to Rs 68,793 crore in the first quarter of FY27, from Rs 60,383 crore in the same period of FY26. Its operating profit margin rose to 26.82% from 25.48% a year earlier, while net profit margin edged down to 15.79% from 15.88% in Q1 FY26.

Indian Bank’s return on assets rose to 1.34%, while earnings per share (EPS) increased to Rs 24.92. Its capital adequacy ratio stood at 17.80%, while total advances grew around 14% to Rs 6.84 lakh crore.

The bank said its slippage ratio declined to 0.77% in June 2026 from 0.94% in June 2025. Yield on investments (YoI), meanwhile, stood at 6.96%, while domestic net interest margin (NIM) improved to 3.41% from 3.35% a year earlier.

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Female Chief Manager in PSU Bank alleges Harassment by Deputy Zonal Manager

A startling instance of sexual harassment has surfaced at Indian Bank. Sadhna Dubey, a female chief manager, has made startling accusations against Vijay Shankar Thakur, the deputy zonal manager of the Indian Bank Nagpur region.She claimed to be a Chief Manager in the Credit Department and that the Deputy Zonal Manager had been harassing her on a regular basis. She claims that despite her repeated complaints to higher authorities, nothing has been done.

She said the Deputy Zonal Manager regularly summons her to his cabin and keeps an eye on her via CCTV cameras. She further claimed that he mistreats her, disparages her, and speaks poorly of her.

She claims that the alleged harassment has negatively impacted her health and personal life. She said that because of the stress brought on by the harassment, she miscarried and lost her desire to have children. She further claimed that the Deputy Zonal Manager once called her to his cabin after a top official called, telling her that the DGM wanted to talk to her because he liked her.

She claimed that the Deputy Zonal Manager wanted to know who she was speaking to and asked her to display the specifics of her phone conversations. Additionally, she said that every time someone came to see her, he would inquire about their identity and the topics they had talked.

She asserted that the Deputy Zonal Manager disregards women and is unaware of his boundaries. She also urged female employees to file police complaints when organizations fail to address their problems and to take action against such persons.

Indian Bank should take severe measures against the accused officer in line with company policy and the law if these accusations are proven to be accurate. It is the duty of every organization to give female employees a respected, safe, and dignified work environment. In these situations, prompt and equitable action is crucial to preserving employee trust and guaranteeing that harassment occurrences are not accepted.

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Indian Bank Q4 profit grows 5% YoY

Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net interest income (NII) rose 11% to Rs 7,110 crore in Q4FY26, compared with Rs 6,389.34 crore in the corresponding quarter of the previous financial year.

The PSU lender earned an interest income of Rs 17,480 crore in Q4FY26 compared to Rs 15,856 crore in the year ago period, recording a 10% jump. It paid Rs 10,371 crore towards interest payments, reporting a 10% growth from Rs 9,467 crore in Q4FY25.

The lender's board recommended a dividend of Rs 18.25 per equity share for the financial year 2025-26.

Indian Bank's profit after tax (PAT) grew 1.4% on a sequential basis from Rs 3,061 crore in the October-December quarter of FY26.

Indian Bank's provisions & Contingencies in the reported quarter stood at Rs 1,226 crore, rising both sequentially from Rs 857 crore in Q3FY26 and year-over-year from Rs 795 crore in Q4FY25.

The gross NPAs fell to 1.98% in Q4FY26 from 2.23% in Q3FY26 and 3.09% in Q4FY25 while net NPAs stood at 0.15% in the same period, down from 0.19% in Q4FY25 and flat on a quarter-on-quarter basis.

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₹1.15 Crore Worth of Jewelry Missing from Indian Bank in Gujarat: Petition in High Court

In a case that has raised public concern regarding the safety of assets pledged in public sector banks, the Gujarat High Court has issued notices to the State Government and the Rajkot Police. The court is seeking a response following a petition filed regarding the mysterious disappearance of gold jewelry worth approximately ₹1.15 crore from a branch of Indian Bank. This dispute originally began in 2023.

 Incident: 

A couple from Rajkot had taken an MSME Jewel Loan from the Rajkot branch of Indian Bank.

 They had pledged over 1,000 grams of 22-carat gold jewelry, which included necklaces and pieces studded with precious stones.

 Despite the petitioners regularly fulfilling their interest obligations, they were informed on October 29, 2025, that their pledged jewelry had gone missing from the bank’s locker (secure storage).

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Indian Bank Q3 net profit rises 7%

The state-owned lender Indian Bank posted a net profit of Rs.3,061.48 crore for the third quarter of FY26 on Thursday, up 7.3% from Rs.2,852.36 crore during the same period last year.

In Q3FY26, the PSU bank's Net Interest Income (NII) climbed 7.5% year over year (YoY) to Rs.6,895 crore from Rs.6,414 crore.

Pre-Provisions Operating Profit (PPOP) during the December quarter rose 5.77% to Rs.5,023.58 crore from Rs.4,749.42 crore, YoY.

Provisions and contingencies of Indian Bank in Q3 declined to Rs.857.02 crore from Rs.738.60 QoQ, and from Rs.1,059.13, YoY. Provision Coverage Ratio improved by 19 bps YoY to 98.28% in December 2025 from 98.09%, YoY.

Asset quality of Indian Bank improved sequentially in the quarter ended December 2025. Gross Non-Performing Assets (NPA) ratio in Q3FY26 declined to year 2025 from 0.79% in September 2025, and from 0.78% in December 2024.

Capita Adequacy Ratio of the PSU lender improved by 66 bps to 16.58%. CET-I improved by 127 bps YoY to 14.54%, Tier I Capital improved by 77 bps YoY to 14.54% in December 2025.

Gross Advances increased by 14.24% YoY to Rs.6,38,848 crore in December 2025 from ₹5,59,199 crore in December 2024.

Total deposits of the bank increased by 12.62% YoY and reached Rs.7,90,923 crore in December 2025 as against Rs.7,02,282 crore, YoY. Current, Savings and CASA deposits grew by 19.13%, 8.45%, and 9.86%, YoY respectively. Domestic CASA ratio stood at 39.08% as on 31 December 2025. CD ratio stood at 80.77%.

Indian Bank has 5,965 domestic branches, out of which 2,001 are Rural, 1,592 are Semi-Urban, 1,191 are Urban and 1,181 are in Metro category. The PSU bank has 3 overseas branches and 1 IBU (Gift City Branch). The bank has 5,624 ATMs and BNAs and 16,247 number of Business Correspondents (BCs).

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Bank ordered to reimburse Rs. 1 lakh that was lost due to unauthorized ATM transactions

                                 

After money was taken out of a Chandigarh resident's savings account through unauthorized transactions, the district consumer complaints redressal panel in Chandigarh ordered Allahabad Bank (now Indian Bank) to reimburse Rs.1,00,078.Nine transactions were of Rs.9,999 each and one was of Rs.10,087, making a total of Rs.1,00,078.49.

According to the case details, On November 17, 2025, the order was given in response to a complaint made by Hallomajra resident Namrata Naman Jha. She said that on July 29, 2020, ten unlawful transactions were made using her ATM card.

Jha notified the bank and the cybercrime cell that same day and blocked her ATM card right away. She also complained to the bank online. On August 4, 2020, the bank responded, stating that they had granted a shadow credit and need a copy of a FIR in order to take additional action.

However, the commission said the bank failed to provide proof that the customer was at fault. It referred to the Reserve Bank of India’s July 2017 circular on unauthorized electronic transactions. The circular says that banks must prove customer liability in such cases and that customers have zero liability if the fraud is due to a third-party breach and is reported within three working days.

The commission noted that Jha reported the fraud immediately to both the bank and the cyber crime cell. It also said the bank failed to resolve the complaint within the required 90 days as per RBI rules. The commission stated that the bank did not follow RBI guidelines and did not address the complaint on time, which amounted to deficiency in service. It directed the bank to refund Rs.1,00,078 to Jha with 9% annual interest from July 29, 2020, until payment. The bank was also ordered to pay Rs.10,000 as compensation for harassment and litigation costs.

Zero Liability of a Customer

A customer’s entitlement to zero liability shall arise where the unauthorised transaction occurs in the following events:

1. Contributory fraud/ negligence/ deficiency on the part of the bank (irrespective of whether or not the transaction is reported by the customer).
2. Third party breach where the deficiency lies neither with the bank nor with the customer but lies elsewhere in the system, and the customer notifies the bank within three working days of receiving the communication from the bank regarding the unauthorised transaction.

Limited Liability of a Customer

A customer shall be liable for the loss occurring due to unauthorised transactions in the following cases:

1. In cases where the loss is due to negligence by a customer, such as where he has shared the payment credentials, the customer will bear the entire loss until he reports the unauthorised transaction to the bank. Any loss occurring after the reporting of the unauthorised transaction shall be borne by the bank.
2. In cases where the responsibility for the unauthorised electronic banking transaction lies neither with the bank nor with the customer, but lies elsewhere in the system and when there is a delay (of four to seven working days after receiving the communication from the bank) on the part of the customer in notifying the bank of such a transaction, the per transaction liability of the customer shall be limited to the transaction value or the amount mentioned in Table below, whichever is lower.

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Indian Bank Q2 Net profit rises 11.5%

 On Thursday, October 16, Indian Bank, a public sector lender, announced that its net profit for the second quarter of the current fiscal year increased by 11.5% year over year to ₹3,018 crore from ₹2,706 crore during the same time the previous year. 

The difference between interest earned and interest spent, or the bank's net interest income (NII), increased 6% year over year to ₹6,551 crore from ₹6,195 crore in the same quarter last year. Indian Bank continued its upward trajectory in asset quality. 

 While the net non-performing assets (NPA) ratio improved sequentially to 0.16% from 0.18%, the gross NPA ratio decreased to 2.60% from 3.01% in the prior quarter.

Compared to ₹691 crore in the previous quarter and ₹1,100 crore in the same quarter last year, the lender's provisions for the quarter came to ₹739 crore, indicating a decrease in provisioning needs as asset quality continued to improve.

 Indian Bank shares increased 2.52% to trade at ₹794.80 on Thursday after the results were announced. As of now in 2025, the stock has risen by around 55%, continuing its tremendous upward trajectory.

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Indian Bank Specialist Officer (SO) Recruitment 2025 Notification Released, Check Details

Indian Bank has released the Specialist Officer (SO) Recruitment 2025 notification for 171 posts. The online application process starts on 23 September 2025 and will remain open until 13 October 2025. The salary for these posts ranges from ₹93,960 to ₹1,20,940.

Indian Bank SO Recruitment 2025 Overview

Organization	Indian Bank
Post Name	Specialist Officer (SO)
Vacancies	171
Job Location	All India
Last Date to Apply	13 October 2025
Mode of Application	Online
Categor	Indian Bank Specialist Officer (SO) Recruitment 2025 Notification PDF
Official Website	www.indianbank.in

Indian Bank SO Recruitment 2025 Important Dates

• Application Start Date: 23 September 2025
• Last Date to Apply: 13 October 2025 (till 11:59 PM)
• Fee Payment Last Date: 13 October 2025
• Exam Date: To be released

Indian Bank SO Recruitment 2025 Application Fees

• General / OBC / EWS: ₹1000/-
• SC / ST / PH: ₹175/-
• Payment Mode: Online

Indian Bank SO Recruitment 2025 Age Limit

• Minimum Age: 23 Years
• Maximum Age: 36 Years
• Age Limit as on: 01/09/2025
• Age relaxation will be applicable as per government rules.

Indian Bank SO Recruitment 2025 Educational Qualifications

• Candidates must have Graduate, B.Tech/B.E, Post Graduate, CA, M.Sc, MBA/PGDM, MCA, MS, or ICSI in a relevant discipline.

Indian Bank SO Recruitment 2025 Notification PDF & Apply Online Form Link

• Download Notification PDF
• Apply Online

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