Indian Bank logo

Indian Bank share price

NSE: INDIANBBSE: 532814BanksLarge Cap

Face value ₹10 · Listed Mar 2007
Last close ₹839.80down ₹0.20 (0.02%)BSE ₹836.65

Share price at the NSE close on 28 Oct 2026. Previous close ₹840.00.

28 Oct: open ₹835.00, high ₹840.45, low ₹831.75

52-week range of traded prices to 28 Oct 2026
₹764.05Low, 16 Dec 2025₹1,000.90High, 15 Apr 2026
Market cap
₹1,13,118 Cr89th largest listed
P/E
8.56
P/B
1.30
Dividend yield
2.17%
ROE
16.1%
NIM
3.07%
Gross NPA
1.61%
Net NPA
0.14%
CET1
15.18%
ROA
1.25%
Volume, NSE
8,78,07155.8% delivered

Indian Bank share price chart

Daily closes since Mar 2007, adjusted for splits and bonuses

−1.5%over a year · Nifty PSU Bank +0.6% · Nifty 500 −8.8%

Results20-session average 13,95,315 shares a day, 45.1% delivered

About Indian Bank

Indian Bank is a nationalised bank, run from its corporate office in Chennai, that takes deposits and lends across India.123 It lends mainly to retail customers, farmers and micro, small and medium enterprises (MSMEs), as well as to companies, and offers government departments tailored products and payment services.456 Outside India it has branches in Singapore, Colombo and Jaffna and a banking unit at GIFT City in Gujarat.5

It says it was the first bank to fund self-help groups (small groups that borrow together), in 1989.7 Bank of Thanjavur, with 157 branches, was merged into it in 1990, and it made an initial public offer of shares in February 2007.8 The Government of India announced the merger of Allahabad Bank into it, and the combined bank began operating on 1 Apr 2020.89

The Government of India, its promoter, held 73.84% of its shares at the end of September 2026.1011 Its listed subsidiaries are Indbank Merchant Banking Services, a merchant banker (a firm that manages share issues for companies) in which it held 64.84% at the end of March 2026, and Ind Bank Housing; Indbank Global Support Services, wholly owned, provides outsourced banking services.11213 At the same date it held 28.52% of Universal Sompo General Insurance and 38.26% of Asrec (India), its joint ventures, and 35% of each of the 2 regional rural banks (government-backed banks that serve rural areas) it sponsors, Tamil Nadu Grama Bank and Puducherry Grama Bank.11214

Indian Bank key points

Results

  • In the quarter to Sep 2026, standalone net profit was ₹3,462 crore, up 14.71% from a year earlier, and net interest income (interest earned minus interest paid) ₹7,719 crore, up 17.83%.15
  • In the year to Mar 2026, consolidated revenue was ₹78,332.70 crore, ₹2,503.23 crore of it from international operations, and consolidated net profit ₹11,704.28 crore, against ₹11,261.47 crore a year earlier.1617
  • Consolidated net profit for the year to Mar 2026 is after ₹766.59 crore transferred to profit and loss: the gap between the book value of its Saptagiri Grameena Bank stake and what it received when that rural bank merged into Andhra Pradesh Grameena Bank.1810

Asset quality and capital

  • On a standalone basis, gross non-performing assets (NPAs, loans whose borrowers have stopped paying) were ₹11,612.52 crore at the end of September 2026, 1.61% of advances against 2.60% a year earlier; net NPAs, after provisions, were 0.14%.19
  • The provision coverage ratio (the share of bad loans covered by money set aside) was 98.22% at the end of September 2026.20
  • Its standalone capital adequacy ratio (capital as a share of risk-weighted assets) was 16.21% at the end of September 2026, with the common equity tier 1 ratio, its core capital, at 15.18%.21

Business segments

  • Consolidated revenue by business segment162223
    Itemyear to Mar 2026
    Retail banking₹32,213.67 crore
    Corporate and wholesale banking₹25,027.09 crore
    Treasury₹18,739.55 crore
    Other banking operations₹2,352.39 crore
    Treasury holds the investment portfolio and trades foreign exchange and derivatives; retail banking includes 3 digital banking units.

Loan book and deposits

  • At the end of September 2026, total business (deposits plus advances) was ₹15.96 lakh crore, up 14.22% from a year earlier: deposits ₹8.74 lakh crore, up 12.50%, and advances ₹7.22 lakh crore, up 16.39%.24
  • Domestic advances were ₹6,59,796 crore, up 15.04%, and current and savings accounts (CASA, which usually cost a bank less) were 39.36% of domestic deposits.2526
  • Domestic advances by sector, end of September 202627
    Itemquarter to Sep 2026
    Corporate₹2,17,494 crore
    Agriculture₹1,71,320 crore
    Retail₹1,53,165 crore
    MSME₹1,17,817 crore
    Retail, agriculture and MSME loans together were 67.04% of domestic advances.
  • Home loans, including mortgage loans, were ₹89,630 crore, up 12.33% from a year earlier, and jewel loans (loans against gold) outside priority lending ₹22,163 crore, up 58.16%.25

Branches and reach

  • At the end of September 2026 Indian Bank had 6,017 domestic branches, 5,678 ATMs and cash-deposit machines, and 18,379 business correspondents (agents who offer basic banking on its behalf).28
  • Domestic branches by area, end of September 202629
    Itemquarter to Sep 2026
    Rural2,013 (33%)
    Semi-urban1,611 (27%)
    Metro1,197 (20%)
    Urban1,196 (20%)
  • Through 5 lakh self-help groups, Indian Bank reached 52 lakh women at the end of September 2026.30

What the company expects

  • In its presentation of 15 Oct 2026, the company said it expects deposits to grow 11% to 12% and advances 13% to 14% in the year to Mar 2027.31
  • In its presentation of 15 Oct 2026, the company said it expects a net interest margin of 3.10% to 3.25%, return on assets of 1.20% to 1.30% and recoveries of ₹4,500 crore to ₹5,500 crore in that year.32
  • The company stated in its annual report for the year to Mar 2026 that it aims to open 100 more branches in the year to Mar 2027.3

Recent events

  • On 15 Oct 2026, the board approved raising up to ₹5,000 crore through long-term infrastructure bonds and up to ₹2,000 crore through AT1 or Tier 2 bonds (bonds that count towards a bank's regulatory capital).33
  • On 9 Sep 2026, the bank said it planned to sell up to 15,00,000 shares of National Stock Exchange of India (NSE), 17.91% of its NSE holding, in NSE's proposed initial public offer, subject to regulatory approvals.34
  • On 16 Mar 2026, CARE Ratings and CRISIL Ratings assigned AAA ratings with a stable outlook to its proposed infrastructure bonds and reaffirmed their ratings on its other bonds.35

Litigation and regulatory matters

  • In May 2025 the Bombay High Court ruled for the Board of Control for Cricket in India in a suit over Nimbus Communications guarantees, ordering the bank to pay ₹96.52 crore plus 9% yearly interest, after credit for ₹100 crore it had deposited.36
  • As of its annual report of 23 May 2026, it was disputing income tax demands of ₹10,512.11 crore for earlier years, already paid or adjusted, and had made no provision, citing court rulings and decisions in its own case.37

Last updated

All 37 sources, each with its page
  1. 1. Annual report, 23 May 2026, page 364
  2. 2. Annual report, 23 May 2026, page 1
  3. 3. Annual report, 23 May 2026, page 23
  4. 4. Annual report, 23 May 2026, page 19
  5. 5. Annual report, 23 May 2026, page 301
  6. 6. Annual report, 23 May 2026, page 298
  7. 7. Annual report, 23 May 2026, page 300
  8. 8. Annual report, 23 May 2026, page 11
  9. 9. Annual report, 23 May 2026, page 11
  10. 10. Annual report, 23 May 2026, page 374
  11. 11. Exchange filing, 15 Oct 2026, page 3
  12. 12. Annual report, 23 May 2026, page 327
  13. 13. Annual report, 23 May 2026, page 328
  14. 14. Annual report, 23 May 2026, page 457
  15. 15. Investor presentation, 15 Oct 2026, page 5
  16. 16. Annual report, 23 May 2026, page 521
  17. 17. Annual report, 23 May 2026, page 526
  18. 18. Annual report, 23 May 2026, page 526
  19. 19. Exchange filing, 15 Oct 2026, page 4
  20. 20. Investor presentation, 15 Oct 2026, page 5
  21. 21. Exchange filing, 15 Oct 2026, page 3
  22. 22. Annual report, 23 May 2026, page 454
  23. 23. Annual report, 23 May 2026, page 455
  24. 24. Investor presentation, 15 Oct 2026, page 5
  25. 25. Investor presentation, 15 Oct 2026, page 9
  26. 26. Investor presentation, 15 Oct 2026, page 8
  27. 27. Investor presentation, 15 Oct 2026, page 9
  28. 28. Investor presentation, 15 Oct 2026, page 40
  29. 29. Investor presentation, 15 Oct 2026, page 40
  30. 30. Investor presentation, 15 Oct 2026, page 43
  31. 31. Investor presentation, 15 Oct 2026, page 47
  32. 32. Investor presentation, 15 Oct 2026, page 47
  33. 33. Exchange filing, 15 Oct 2026, page 1
  34. 34. Exchange filing, 9 Sep 2026, page 1
  35. 35. Exchange filing, 16 Mar 2026, page 1
  36. 36. Annual report, 23 May 2026, page 454
  37. 37. Annual report, 23 May 2026, page 460

Results

Consolidated; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.Indian Bank quarterly results

Total income growth, 12 months
+12.4%
Net profit growth, 12 months
+17.2%

Quarter to Sep 2026, against the quarter before

Total income
₹23,336 Crup 11.14%
Net profit
₹3,541 Crup 5.48%

Total income by quarter

₹18,168 CrDec 24₹18,794 CrMar 25₹18,906 CrJun 25₹19,271 CrSep 25₹19,895 CrDec 25₹20,261 CrMar 26₹20,997 CrJun 26₹23,336 CrSep 26
Peak total income ₹23,336 Cr, quarter to Sep 2026; lowest ₹18,168 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹2,910 CrDec 24₹2,982 CrMar 25₹2,277 CrJun 25₹3,109 CrSep 25₹3,148 CrDec 25₹3,174 CrMar 26₹3,357 CrJun 26₹3,541 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income18,16818,79418,90619,27119,89520,26120,99723,336
Net profit2,9102,9822,2773,1093,1483,1743,3573,541
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • RETAIL BANKING₹32,214 Crup 10.60%41.1%
  • CORPORATE / WHOLESALE BANKING₹25,027 Crup 4.90%31.9%
  • TREASURY OPERATIONS₹18,740 Crup 9.10%23.9%
  • OTHER BANKING OPERATIONS₹2,352 Crup 24.42%3.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Indian Bank PE ratio and valuation

Price to earnings

At or below today's level on 46% of 2,377 trading days over the last 10 years.

LowestHighest
Its median8.77Industry median7.02
Price to book

At or below today's level on 75% of 1,145 trading days over the last 5 years.

LowestHighest
Its median1.07Industry median0.86
Dividend yield

At or below today's level on 69% of 2,464 trading days over the last 10 years.

LowestHighest
Its median1.89%Industry median2.74%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+58.4%+3.9%+50.3%2.2%
3 years+45.6%+24.8%+14.7%2.5%
5 years+51.7%+25.5%+18.5%2.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Indian Bank shareholding pattern

Shareholding by group

  • Promoters73.84%
  • Foreign institutions6.86%
  • Indian institutions16.77%
  • Individuals and others2.53%
Holder
President of IndiaPromoter73.84%
LIFE INSURANCE CORPORATION OF INDIA AND ITS VARIOUS SCHEMESInsurance companies1.70%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.70 pts, Indian institutions −0.26 pts, mutual funds −0.16 pts.

Mutual fund holdings

204 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 116 of the 132 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 204 funds holding Indian Bank

Bought again
3
Added
69
Cut
63
Held unchanged
68
Sold out
10
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund3,68,54,4822.92%₹2,970.1 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund1,85,38,4972.24%₹1,494.0 Cr
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund96,88,1281.91%₹780.8 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund65,07,9561.05%₹524.5 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund60,00,0001.58%₹483.5 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty PSU Bank BeESNippon India Mutual Fund40,50,8378.30%₹326.5 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund36,45,6361.50%₹293.8 Cr
HSBC Mutual Fund logoHSBC Value FundHSBC Mutual Fund34,18,7401.88%₹275.5 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund33,38,1571.40%₹269.0 Cr
SBI Mutual Fund logoSBI Flexicap FundSBI Mutual Fund32,00,0001.17%₹257.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Indian Bank insider trading

Bought on the market Sold on the market
  • Others1 purchase, 9 sales₹0.05 Cr₹0.60 CrNet−₹0.55 Cr2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Indian Bank competitors and peers

Public Sector Bank, 12 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Indian Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
State Bank of India logoState Bank of IndiaSBIN8,83,20010.241.44+6.6%+8.5%15.4%1.11%2.84%1.81%
Union Bank of India logoUnion Bank of IndiaUNIONBANK1,39,6806.350.97+0.3%+19.0%16.3%1.25%2.67%2.73%
Punjab National Bank logoPunjab National BankPNB1,38,2726.050.86+2.9%+34.2%15.1%0.95%2.40%2.49%
Bank of Baroda logoBank of BarodaBANKBARODA1,19,883–0.72+2.7%––0.98%2.83%3.67%
Canara Bank logoCanara BankCANBK1,06,8705.240.83−6.8%+17.7%16.8%0.99%2.21%3.56%
Bank of Maharashtra logoBank of MaharashtraMAHABANK61,4947.681.65+16.6%+31.5%23.3%1.76%3.83%2.75%
Bank of India logoBank of IndiaBANKINDIA60,5054.840.64+9.1%+29.7%14.1%0.92%2.47%3.50%
Indian Overseas Bank logoIndian Overseas BankIOB55,8838.391.39+14.2%+51.3%17.9%1.25%3.17%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Indian Bank dividend history

Dividend per share, ₹, restated for later splits and bonuses

6Mar 176Mar 18Mar 19Mar 202Mar 216.5Mar 228.6Mar 2312Mar 2416Mar 2518Mar 26
Highest ₹18.25 a share, year to Mar 2026.
Ex-dateTypePer share
10 Jun 2026Final₹18.25
10 Jun 2025Final₹16.25
7 Jun 2024Final₹12.00
12 Jun 2023Final₹8.60
14 Jun 2022Final₹6.50
8 Jul 2021Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Indian Bank announcements

Indian Bank share price by year

Each calendar year to 2025.Indian Bank share price history

YearClose at year endChangeHighest closeLowest close
2025837.25+58.0%890.15475.80
2024529.95+25.9%608.80416.30
2023420.90+47.5%453.90257.10
2022285.35+104.4%299.70132.45
2021139.60+62.9%189.4586.40
202085.70−15.1%106.9542.55
2019100.95−58.6%287.70100.95
2018243.55−35.3%403.10213.85
2017376.70+70.6%417.60222.60
2016220.85+91.2%268.3576.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026832.65843.00830.00840.00839.1210,85,38752.9%
26 Oct 2026832.40836.25819.30830.00828.528,38,31148.0%
23 Oct 2026857.00858.45831.40837.15838.247,17,56444.1%
22 Oct 2026857.00859.70845.20855.70852.6711,10,47746.5%
21 Oct 2026860.00876.50848.85859.00860.3714,49,99641.6%
19 Oct 2026855.15874.65855.15856.85862.4311,05,17930.5%
16 Oct 2026838.00866.65833.40854.10855.9625,56,00347.0%
15 Oct 2026851.50856.10816.80835.00837.3438,64,23116.6%
14 Oct 2026839.80850.40828.35849.45841.0914,67,30936.5%
Prices in ₹ per share as traded, not adjusted.

Company details