Alpha Tribe

Indian BankPPTs, 28-10-2024: Investor Presentation

28-10-2024 · 02:09 pm

Indian Bank reported significant growth in its Q2 FY2024-25 financial results, highlighting a 36% increase in net profit to ₹2,707 crore and a 32% rise in profit before tax to ₹3,630 crore year-on-year. Key metrics include total deposits of ₹6.64 lakh crore and advances of ₹5.13 lakh crore. The bank maintained a gross NPA ratio of 3.48% and a net NPA ratio of 0.27%. The bank’s strong performance reflects robust asset quality and effective risk management strategies.

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