The bank has been consistently shedding the corporate book in the last few years. At the time of the merger in December 2018, corporate and infrastructure loans made up almost 65% of the book because of legacy issues. As a part of its strategic asset restructuring strategy, the corporate book share declined to 34% as of June 2022 from 65% in December 2018.
Indian Bank Q1 Result: PAT jumps 24% to Rs 2,973 crore on lower NPA provisions
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with
July 24, 2025