Indian Bank Q1 total business rises 10.2%; Advances, deposits grow steadily

Indian Bank on Wednesday reported a 10.2% year-on-year rise in total business for the quarter ended June 30, 2025, at ₹13.44 lakh crore, up from ₹12.20 lakh crore in the corresponding period last year, according to provisional figures disclosed to the stock exchanges.

Total deposits stood at ₹7.44 lakh crore, up 9.3% YoY, while gross advances increased 11.3% to ₹6.00 lakh crore, compared with ₹5.39 lakh crore in the year-ago quarter.

Within the deposit base, savings bank deposits rose to ₹2.38 lakh crore, marking a modest 3.0% growth, while current account deposits climbed 8.6% YoY to ₹0.38 lakh crore.
The bank’s Retail, Agriculture and MSME (RAM) portfolio—a key focus area for most public sector banks—grew by 16.0% YoY to ₹3.63 lakh crore, from ₹3.13 lakh crore in Q1 FY25.

Figures are provisional and subject to review by the Statutory Central Auditors of the bank, the lender said in its filing to the National Stock Exchange and BSE.

Indian Bank is expected to release its full Q1 financial results in the coming weeks.

Shares of the company ended 0.1% higher at a price of ₹650.65 on the BSE today.