'Indian Bank has reported 24% growth in net profit at Rs 2972.82 crore for the quarter ended June 2025 (Q1FY2026). The bank has posted 3% growth in net interest income (NII), while the core fee income of the bank was flat in Q1FY2026. The Net Interest Margin (NIM) of the bank declined to 3.23% in Q1FY2026 compared to 3.44% in the corresponding quarter of previous year.

On business front, the bank as has posted 10% growth in business with strong 12% surge in loan book. The asset quality of the bank was strong in Q1FY2026. Bank has substantially improved the credit to deposit ratio to 80.8% at end June 2025 from 79.1% at end June 2024. However, the CASA ratio of the bank has declined to 37.2% at end June 2025 from 39.0% at end June 2024.

Asset quality remains strong: The bank has maintained strong asset quality in Q1FY2026.

The fresh slippages of loans stood at Rs 1375 crore in Q1FY2026 compared with 1431 crore in previous quarter and Rs 1956...

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