AGM/EGM8 Jul 2026, 07:30 pm
Indian Bank AGM: Total Business Touches ₹14.95 Lakh Crore
AI Summary
Indian Bank held its 20th Annual General Meeting on June 17, 2026, via video conferencing. The bank reported a total business of ₹14.95 lakh Crore for FY 2025-26, a 12.79% year-on-year growth. Deposits grew by 12.29% to ₹8.28 lakh Crore, and gross advances increased by 13.43% to ₹6.67 lakh Crore, maintaining a credit-deposit ratio of nearly 81%. The AGM proceedings included introductions, confirmation of quorum, and a review of the bank's performance across various parameters.
Key Highlights
- Total business grew 12.79% YoY to ₹14.95 lakh Crore.
- Deposits increased 12.29% to ₹8.28 lakh Crore.
- Gross advances rose 13.43% to ₹6.67 lakh Crore.
- Credit-deposit ratio maintained at approximately 81%.
- AGM conducted via video conferencing with shareholder participation.
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