Indian Bank — Important, 02-07-2025: General Updates

Indian Bank has announced a board meeting. Total business rose 10.2% YoY to ₹13.44 lakh crore, with deposits up 9.3% at ₹7.44 lakh crore. Savings and current accounts grew moderately. Gross advances increased 11.3% to ₹6 lakh crore, led by a 16% rise in retail, agriculture, and MSME (RAM) loans, now at ₹3.63 lakh crore. The bank shows healthy loan growth, driven by key domestic sectors, supporting a strong credit demand environment.