Indian Bank — Board Meeting, 24-07-2025: Outcome of Board Meeting

Indian Bank has announced the outcome of its recent board meeting. The bank approved the financial results for the quarter ended June 30, 2025, posting a consolidated net profit of Rs. 2,981.64 crore on a total income of Rs. 18,905.60 crore. Asset quality improved significantly with Gross NPAs at 3.01% and Net NPAs at a low 0.18%. Capital Adequacy Ratio remained strong at 17.99%. A notable event was an exceptional item of Rs. 766.59 crore due to the merger of its associate Saptagiri Grameena Bank, reflecting strategic realignment. Provision coverage stood at 98.20%.