INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Post Earnings Concall/ Meet02-11-2023
02-11-2023
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Interest Rates Updates
Revision in Benchmark Rates02-11-2023
INDIAN BANK - 532814 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Receipt of communication regarding loss of share certificate(s): Intimation30-10-2023
INDIAN BANK - 532814 - Exercise Of Call Option On Bank'S Outstanding Tier 2 Bonds Tranche A (ISIN: INE562A08024): Intimation Of Payment Of Principal And Accrued Interest On Call Option Exercise Date
Exercise of Call Option on Bank''s outstanding Tier 2 Bonds Tranche A (ISIN: INE562A08024): Intimation of Payment of Principal and accrued Interest on Call Option Exercise Date30-10-2023
Q2FY24 Quarterly Result Announced for Indian Bank
Indian Bank announced Q2FY24 results: 1. Financial Performance: - Deposits increased by 9% YoY, reaching Rs 6,40,803 crore in Sep'23. - CASA grew by 7%, driven by an 8% YoY growth in SB, with a CASA ratio of 40%. - Gross Non-Performing Assets (GNPA) decreased by 233 bps YoY to 4.97% in Sep'23 from 7.30%. - Net Non-Performing Assets (NNPA) reduced by 90 bps to 0.60% from 1.50% in Sep'22. - Provision Coverage Ratio (PCR, including TWO) improved by 456 bps YoY to 95.64% from 91.08% in Sep'22. - Capital Adequacy Ratio stood at 15.53%, CET-I at 12.07%, and Tier-I Capital at 12.63%. 2. Quarter-on-Quarter (QoQ) Performance: - Net profit increased by 16% QoQ to Rs 1,988 crore in Sep'23 from Rs 1,709 crore in Jun'23. - Profit before tax increased by 15% QoQ at Rs 2,752 crore in Sep'23 from Rs 2,394 crore in Jun'23. - Operating profit increased by 4% QoQ at Rs 4,303 crore in Sep'23 from Rs 4,135 crore in Jun'23. - Net interest income stood at Rs 5,741 crore in Sep'23 as against Rs 5,703 crore in Jun'23. 3. Year-on-Year (YoY) Performance: - Net Profit increased by 62% YoY to Rs 1,988 crore in Sep'23 from Rs 1,225 crore in Sep'22. - Profit Before Tax increased by 75% YoY to Rs 2,752 crore in Sep'23 from Rs 1,571 crore in Sep'22. - Operating Profit increased by 19% YoY to Rs 4,303 crore in Sep'23 from Rs 3,629 crore in Sep'22. - Net Interest Income increased by 23% YoY to Rs 5,741 crore in Sep'23 from Rs 4,684 crore in Sep'22. - Fee-based income grew by 11% YoY to Rs 805 crore in Sep'23 from Rs 723 crore in Sep'22. 4. Asset Quality and Ratios: - NIM (Domestic) increased to 3.52% in Sep'23 from 3.20% in Sep'22. - Return on Assets (ROA) improved to 1.06% in Sep'23 from 0.71% in Sep'22. - Return on Equity (ROE) improved by 607 bps to 19.90% in Sep'23 from 13.83% in Sep'22. - Cost-to-Income Ratio stood at 44.36% in Sep'23 as against 44.27% in Sep'22. - Priority Sector portfolio stood at Rs 1,64,341 crore in Sep'23, with a percentage of advances at 42.83% of ANBC. 5. Business Growth: - Total Business recorded a YoY growth of 10%, reaching Rs 11,33,091 crore in Sep'23. - Advances increased by 12% YoY to Rs 4,92,288 crore in Sep'23 from Rs 4,37,941 crore in Sep'22. - RAM (Retail, Agriculture & MSME) advances grew by 12% to Rs 2,85,891 crore in Sep'23 from Rs 2,55,256 crore in Sep'22. - Retail, Agri, MSME advances grew by 14%, 16%, and 5% YoY, respectively. - Home Loan (Including mortgage) grew by 13%, Auto Loan by 36%, and Personal Loan by 49% YoY. Result PDF30-10-2023
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Update on Post Earnings Concall / Meet with Investors / Analysts: Audio / Video Recording26-10-2023
INDIAN BANK - 532814 - Statement Of Deviation Or Variation In Use Of Issue Proceeds For The Quarter Ended September 30, 2023
Statement of Deviation or Variation in Use of Issue Proceeds for the Quarter ended September 30, 202326-10-2023
INDIAN BANK - 532814 - Security Cover Certificate For The Quarter Ended September 30, 2023
Security Cover Certificate for the Quarter ended September 30,202326-10-2023
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation on Unaudited (Reviewed) Financial Results of the Bank for the Second Quarter and Half Year Period of FY 2023-24 ended on September 30, 202326-10-2023
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Unaudited (Reviewed) Financial Results of the Bank for the Second Quarter and Half Year Period of FY 2023-24 ended on September 30, 202326-10-2023