Indian Bank's Q3 FY26 Business Soars 13.4%, Advances Jump 14.5%

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CNBC TV18•01-01-2026, 17:44
Indian Bank's Q3 FY26 Business Soars 13.4%, Advances Jump 14.5%
- •Indian Bank reported a 13.4% year-on-year growth in total business, reaching ₹14.30 lakh crore in Q3 FY26.
- •Gross advances surged by 14.5% to ₹6.40 lakh crore, while total deposits grew 12.5% to ₹7.90 lakh crore.
- •Current account (CA) deposits saw a significant 19.4% increase, reaching ₹0.43 lakh crore.
- •The bank's Retail, Agriculture and MSME (RAM) portfolio grew 17% year-on-year to ₹3.92 lakh crore.
- •Domestic CASA ratio slightly moderated to 39.02% in Q3 FY26; figures are provisional and subject to audit.
Why It Matters: Indian Bank achieved robust double-digit growth across key business parameters in Q3 FY26.
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