EconomyMonday, 19 October 2026·The Hindu - Economy
Indian Bank Q2 FY27 net profit rises 14.71% to ₹3,462 crore; asset quality improves
Indian Bank posted higher Q2 FY27 profit, stronger income growth, and improved NPA ratios for the quarter ended September 30, 2026.
Key highlights
Direct fact
In October 2026, Chennai-based Indian Bank reported a 14.71% year-on-year rise in net profit to ₹3,462 crore for Q2 FY27, with improved asset quality and stronger business growth for the quarter ended September 30, 2026.
Key specifics
- Net profit rose to ₹3,462 crore from ₹3,018 crore in the same quarter last year.
- Operating profit increased 46.58% to ₹7,090 crore.
- Net interest income grew 17.83% to ₹7,719 crore.
- Total business reached ₹15.96 lakh crore, with deposits at ₹8.74 lakh crore and loans at ₹7.22 lakh crore.
- Gross NPAs fell to 1.61% from 2.60%, while net NPAs declined to 0.14% from 0.16%.
Exam lens
Banking and economy question: remember profit, NII, total business, deposits, loans, and NPA ratios. TNPSC may ask which public sector bank reported the numbers and how asset quality is measured through gross and net NPAs.