Indian Bank Q4 results: Net profit rises 32% at Rs 2956 crore

Indian Bank’s Q4 net profit surged 31.6% to ₹2956 crore, driven by improved asset quality and higher net interest income. The board proposed a dividend of ₹16.25 per share. Gross NPA ratio fell to 3.09%, with a provision coverage ratio of 98.10%. Advances grew 10%, supported by retail, agriculture, and MSME sectors.

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Asian stocks decline as Fed rate cut bets wane

Asian stocks declined following mixed US inflation data, leading traders to reduce bets on Federal Reserve interest rate cuts. Concerns about persistent inflation were reinforced

July 16, 2025

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