Bank’s Profile
A BRIEF HISTORY OF THE BANK SINCE ITS INCORPORATION
| Year | Key Milestones |
|---|---|
| 1907 |
|
| 1921 | Bank’s capital was raised to ₹60 lakhs from ₹20 lakhs |
| 1932 |
|
| 1941 | Singapore branch was opened. |
| 1957 | Bank celebrated its Golden Jubilee. |
| 1967 | Bank celebrated its Diamond Jubilee. |
| 1978 | Bank’s logo comprising of three circling arrows arranged around a central point was approved. |
| 1982 | Bank celebrated its Platinum Jubilee. |
| 1990 | Bank of Thanjavur Ltd. (BoT) with 157 branches was amalgamated with the Bank. |
| 2006 | The centenary year celebration was inaugurated by His Excellency the President of India Shri A. P. J. Abdul Kalam on 4th September. |
| 2007 | Bank went in for Initial Public Offer in February 2007. |
| 2008 | Achieved 100 per cent Core Banking Solutions (CBS) compliance. |
| 2019 |
|
| 2020 | Bank commenced its operations as an amalgamated entity from 1st April 2020. The integration of CBS systems of both the Banks was completed on 14.02.2021. |
| 2022 | Bank’s Global Business surpassed Rs 10 lakh Crores. |
| 2023 | Bank’s Global Business was at Rs 10.95 lakh Crores. |
| 2024 | Bank’s Global Business surpassed ₹12 lakh Crore. |
| 2025 | Bank’s Global Business was at ₹13.25 lakh Crore. |
| 2026 | Bank’s Global Business stood at ₹14.95 lakh Crore |
Branch Network and other touch points as on 31.03.2026
Domestic branches: 6001 (Including 3 DBUs) Overseas branches: 3 & IBU: 1
ATMs & BNAs: 5657 Business Correspondents: 17032
Bank’s Performance as on 31.03.2026
Assets and Liabilities
- Total Deposits increased by 12.29% YoY and reached to ₹827726 Cr in Mar’26 as against ₹737154 Cr in Mar’25. Current, Savings & CASA deposits grew by 12.16%, 10.64%, and 10.85% YoY respectively.
- Domestic CASA ratio stood at 39.67% as on 31st Mar’26
- Gross Advances increased by 13.43% YoY to ₹667113 Cr in Mar’26 from ₹588140 Cr in Mar’25.
- RAM (Retail, Agriculture & MSME) advances grew by 15.18% YoY to ₹404126 Cr in Mar’26 from ₹350876 Cr in Mar’25.
- RAM contribution to gross domestic advances stood at 65.45%. Retail, Agri & MSME advances grew by 18.72%, 11.28% and 16.39% YoY respectively. Home Loan (including mortgage) grew by 13.39% YoY in Mar’26.
- Priority sector advances as a percentage of ANBC stood at 41.46% (₹214943 Cr) in Mar’26 as against the regulatory requirement of 40%.
Capital Adequacy
- Capital Adequacy Ratio stood at 17.93%. CET-I improved by 104 bps YoY to 16.40%, in Mar’26.
Asset Quality
- GNPA% decreased by 111 bps YoY to 1.98% in Mar’26 from 3.09 % in Mar’25, NNPA% reduced by 4 bps to 0.15% in Mar’26 from 0.19% in Mar’25.
- Provision Coverage Ratio (PCR, including TWO) improved by 18 bps YoY to 98.28% in Mar’26 from 98.10% in Mar’25.
Operating Profit and Net Profit (Year ended Mar’26 over Mar’25)
- Net Profit up by 11.33% YoY to ₹12156 Cr in FY26 from ₹10918 Cr in FY25.
- Operating Profit increased by 4.83% YoY to ₹19916 Cr in FY26 from ₹18998 Cr in FY25.
- Net Interest Income grew by 6.91% YoY to ₹26915 Cr in FY26 from ₹25176 Cr in FY25.
- Cost of Deposit reduced by 15 bps to 4.97% in FY26 from 5.12% in FY25.
- Net Interest Margin (NIM) Domestic stood at 3.36% in FY26.
- Return on Assets (RoA) stood at 1.31% in FY26.
Network
- The Bank has 6001 domestic branches (including 3 DBUs), out of which 2011 are Rural, 1605 are Semi-Urban, 1195 are Urban & 1190 are in Metro category. The Bank has 3 overseas branches & 1 IBU (Gift City Branch).
- The Bank has 5657 ATMs & BNAs and 17,032 number of Business Correspondents (BCs).
Digital Banking
- Business of ₹2,72,302 Cr has been generated through Digital Channels in FY26. A total of 153 Digital Journeys, Utilities and Processes have been launched so far.
- Number of Mobile Banking users has grown by 22% YoY, reaching 2.36 Cr.
- UPI users and Net Banking users have witnessed an increase of 21% & 3% YoY reaching 2.64 Cr and 1.19 Cr respectively. Debit card & POS users increased by 9% & 36% respectively.
Awards & Accolades
- The Bank was declared the winner of the “Golden Peacock Award for Excellence in Artificial Intelligence” for the year 2026.
- The Bank received prestigious SKOCH Golden Award for “IB SAATHI” and Silver Award for “Security Operations”.
- The MD & CEO of the Bank received “CEO of the Year” award at Tamil Nadu Business Leader of the Year, Industry-wise Awards 2025.
- The Bank received “Red Hat APAC Innovation Award 2025” for Cloud Native Development.
- Indian Bank has received the ET Edge BFSI Tech Leader Award as Architects of Bharat’s Financial Future for excellence in innovation and technology transformation in the BFSI sector.
- Indian Bank has been awarded the IBEX India 2026 BFSI Tech Award (Bronze) in recognition of its achievements as a Digital CX Trailblazer (PSU).
Our Focus
- We closed a standout quarter with momentum driven initiatives that underline our commitment to growth, innovation, and inclusion. Strong governance, built‑in resilience, and a highly engaged workforce power our journey toward sustainable success. By pairing execution, excellence with solid asset quality and forward‑thinking innovation, we continue to create real, lasting value. Customer centricity is at the core of everything we do, with digital transformation accelerating access and elevating everyday experiences. United by purpose and powered by confidence, we move ahead stronger, smarter, and ready for what’s next.
