StockWatch
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Public Sector Bank
Quarterly Updates1 Oct 2026, 06:30 pm

Indian Bank Total Business Reaches ₹15.96 Lakh Crore in Q2 FY27

AI Summary

Indian Bank has reported provisional business figures for the quarter ended September 30, 2026. Total business grew by 14.2% year-on-year to ₹15.96 Lakh Crore (₹15,960,000 Crore). Total deposits increased by 12.4% YoY to ₹8.73 Lakh Crore (₹8,730,000 Crore), with Savings Bank deposits up 10.8% and Current Account deposits surging by 27.5% YoY. Gross Advances saw a robust 16.6% YoY growth, reaching ₹7.23 Lakh Crore (₹7,230,000 Crore), with Retail, Agriculture, and MSME (RAM) domestic advances growing by 17.8% YoY. The CASA ratio (Domestic) stood at 39.28%. These figures are provisional and subject to review by the Statutory Central Auditors.

Key Highlights

  • Total business grew 14.2% YoY to ₹15.96 Lakh Crore.
  • Total deposits rose 12.4% YoY to ₹8.73 Lakh Crore.
  • Gross Advances increased 16.6% YoY to ₹7.23 Lakh Crore.
  • Current Account deposits showed strong growth of 27.5% YoY.
  • CASA ratio (Domestic) was reported at 39.28%.