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India
As of 18 Sept 2026, 03:30 pm
On September 9, 2026, Indian Bank announced its intention to sell up to 15,00,000 equity shares, representing 17.91% of its holding in the National Stock Exchange of India Limited (NSE), as part of NSE's proposed Initial Public Offering (IPO) through an Offer for Sale. The bank confirmed that this sale is not a related party transaction and reported dividend income from NSE for the fiscal year 2025-26 as ₹29,31,25,000. The transaction was expected to be completed by the end of September 2026, subject to regulatory approvals.
On September 15, 2026, Indian Bank confirmed the payment of ₹362,00,00,000/- in interest on its Long Term Infrastructure Bonds Series I. This payment, originally due on September 13, 2026, was adjusted due to weekend and holiday closures. The annual interest payment covered the period up to the record date of August 29, 2026, and was made in accordance with the terms of the offer document.
As of September 18, 2026, daily technical indicators show a 'bearish' Supertrend at 898.7, with the closing price at ₹839.8. The 20-day Exponential Moving Average (EMA) is at 859.99, and the 50-day EMA is at 859.90, both above the current price. However, on a monthly timeframe, the Supertrend is 'bullish' at 636.65, with the 20-day EMA at 781.85 and the 50-day Simple Moving Average (SMA) at 764.71, indicating a different trend over a longer period. Weekly indicators also show a 'bearish' Supertrend at 985.73.
Indian Bank has informed the exchange about strike notices served by the United Forum of Bank Unions (U.F.B.U.). These notices indicate potential strikes on September 11, 2026, from September 28-30, 2026, and a continuous strike starting October 26, 2026. The bank has stated it is making arrangements for smooth functioning, but operations at branches and offices could be affected if the strikes proceed. The bank also reported a disruption of operations on September 9, 2026, due to a strike.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue On Investments | PEAK₹4,226.34 crore | ₹4,111.92 crore | ₹4,005.60 crore | ₹4,053.40 crore | ₹3,945.96 crore |
| Interest Earned | PEAK₹18,095.14 crore | ₹17,488.50 crore | ₹17,102.21 crore | ₹16,628.28 crore | ₹16,285.10 crore |
| Other Income | PEAK₹2,902.24 crore | ₹2,772.73 crore | ₹2,792.57 crore | ₹2,642.81 crore | ₹2,620.50 crore |
| Interest Expended | PEAK₹10,656.86 crore | ₹10,371.96 crore | ₹10,202.90 crore | ₹10,039.71 crore | ₹9,924.09 crore |
| Employees Cost | PEAK₹3,098.53 crore | ₹2,741.12 crore | ₹2,813.61 crore | ₹2,680.89 crore | ₹2,644.70 crore |
| Other Operating Expenses | ₹1,653.93 crore | PEAK₹1,842.34 crore | ₹1,821.78 crore | ₹1,688.99 crore | ₹1,544.43 crore |
Gross non-performing assets fell 29.65% year over year to ₹12,710.34 crore, bringing the gross NPA ratio down from 3.01% to 1.86%. Sequentially, gross NPAs decreased 3.64%, and the ratio improved from 1.98%.
The Common Equity Tier 1 (CET1) ratio increased to 16.74% from 15.46% a year earlier and from 16.64% in the prior quarter.
Net profit margin for the quarter stood at 15.71%, calculated using the reported net profit and total revenue. Basic earnings per share rose to ₹24.92, up 47.46% from ₹16.90 a year ago and 5.77% sequentially from ₹23.56. Trailing twelve-month earnings per share totaled ₹94.91.
Indian Bank delivered a substantial year-over-year increase in net profit, primarily supported by rapid growth in net interest income. While operating expenses and credit provisions both rose significantly during the quarter, the earnings expansion and a notable decline in the non-performing asset ratio sustained profitability. The bank also reported a higher capital adequacy ratio, reflecting a stronger balance sheet position.
Exchange disclosures and regulatory announcements for Indian Bank.
Indian Bank confirmed the payment of Rs. 362,00,00,000/- interest on its Long Term Infrastructure Bonds Series I (ISIN: INE562A08099) on September 15, 2026, which was adjusted from the original due date of September 13, 2026, due to weekend and holiday closures. The annual interest payment covered the period ending with the record date of August 29, 2026, and was made without additional interest as per the offer document terms.
On September 9, 2026, Indian Bank disclosed its proposal to divest up to 15,00,000 equity shares (17.91% of its holding) in the National Stock Exchange of India Limited via an Offer for Sale within NSE's proposed IPO. The bank executed a consent letter on the same date, with the transaction expected to complete by the end of September 2026, subject to regulatory approvals. Dividend income from NSE for the fiscal year 2025-26 was reported as ₹29,31,25,000, and the sale is confirmed not to be a related party transaction.
Indian Bank disclosed that the United Forum of Bank Unions (U.F.B.U.), comprising seven unions, has served a strike notice for 11 September 2026, 28-30 September 2026, and a continuous strike from 26 October 2026. The bank has made arrangements to ensure smooth functioning, but branch and office operations may be affected if the strike materializes.
Indian Bank (NSE: INDIANB) reported a disruption of operations due to a strike on September 9, 2026, at 18:20 IST. The company committed to providing regular updates until normalcy is restored, with no specific damage amounts or insurance claims disclosed for this event.
Indian Bank notified the National Stock Exchange and BSE on September 2, 2026, regarding a newspaper publication about opening a special window for the transfer and dematerialization of physical securities. Rishi Techtex Limited announced its 42nd Annual General Meeting scheduled for September 24, 2026, with remote e-voting commencing on September 20, 2026, and a record date of September 17, 2026. The V.O. Chidambaranar Port Authority invited applications for five trainee pilot positions via walk-in interviews starting every Friday at its Tuticorin office.
On September 1, 2026, the Reserve Bank of India imposed a monetary penalty of Rs. 1,88,600 on Indian Bank's Currency Chest in Satna due to soiled note remittance irregularities. The bank disclosed that this penalty relates to routine operational activities and does not have a material impact on its profitability or financial position.
On August 20, 2026, Indian Bank representatives held a virtual group meeting with CTBC Bank Co. Ltd. and Commerzbank AG to discuss information available in the public domain. This interaction was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following a prior notice dated August 17, 2026.
Indian Bank's GIFT City Branch raised USD 400 million in long-term USD funds on August 18, 2026, with a 4-year tenor, as disclosed under SEBI Listing Regulations.
Recent market and company developments associated with Indian Bank.
BusinessWire India
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Apple Pay plans to launch in India next month with Axis Bank, aiming to expand its digital payment services.
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A fake document claiming a merger of public sector banks, purportedly issued by the Ministry of Finance, has been circulating online. The government confirmed it is not authentic, urging caution in verifying such claims, as PSU bank stocks react positively to the rumors.
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Comprehensive Section Breakdown for Indian Bank
Strategic Vision: Public sector bank providing diverse financial services.
• Public sector bank status
• Amalgamation of Allahabad Bank into Indian Bank
Indian Bank reported a net profit of ₹3,299.48 crore for the quarter, an increase of 48.73% from the same period last year. The profit expansion was supported by a 16.94% rise in net interest income and a 10.75% increase in other income. Operating expenses grew 13.45% year over year, outpacing overall revenue growth of 11.06%, while provisions more than doubled. Despite these cost increases, the bank’s gross non-performing asset ratio declined to 1.86% from 3.01% a year earlier, and its capital adequacy ratio improved.
Total revenue from operations reached ₹20,997.38 crore, up 11.06% year over year from ₹18,905.60 crore. Interest earned grew 11.11% to ₹18,095.14 crore, while interest expended increased at a slower rate of 7.38% to ₹10,656.86 crore. This widened the net interest income to ₹7,438.28 crore, a 16.94% increase from the prior-year quarter. Other income also expanded, rising 10.75% to ₹2,902.24 crore.
On a sequential basis, total revenue rose 3.63% from ₹20,261.23 crore in the previous quarter. Interest earned increased 3.47%, and other income grew 4.67%.
Operating expenses totaled ₹4,752.46 crore, up 13.45% year over year from ₹4,189.13 crore. Employee costs accounted for the majority of this increase, rising 17.16% to ₹3,098.53 crore. Other operating expenses grew 7.09% to ₹1,653.93 crore. Sequentially, total operating expenses increased 3.69%, driven by a 13.04% jump in employee costs, which was partially offset by a 10.23% decline in other operating expenses.
Provisions other than tax and contingencies rose sharply to ₹1,193.60 crore, up 72.73% from ₹691.02 crore a year ago. This represented a 2.80% sequential decrease from ₹1,228.00 crore in the prior quarter. Even with higher provisions and operating costs, profit before tax grew 31.78% year over year to ₹4,394.46 crore.
Category: Financial Services
Offers deposit accounts, home loans, vehicle loans, and card services, with digital access via mobile and online platforms.
Category: Financial Services
Provides corporate credit, project finance, working capital facilities, and trade finance solutions.
Category: Financial Services
Delivers crop loans, infrastructure credit, and credit linkages for Micro, Small, and Medium Enterprises.
Category: Financial Services
Manages liquidity, government securities, foreign exchange, and employs risk mitigation models.
Core Thesis: The bank's diverse financial services segments cater to individuals, corporates, and agricultural clients, supported by a comprehensive operational network.
• Integrated Service Offerings: The bank provides a full spectrum of banking services including retail, corporate, agricultural, and treasury operations. • Digital Accessibility: Digital access is facilitated through mobile banking and online portals for customer convenience. • Extensive Network: Operates branches and ATMs across India, supplemented by overseas branches and digital banking units.