INDIAN BANK - 532814 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the FY ended March 31, 202421-05-2024
21-05-2024
INDIAN BANK - 532814 - Board Meeting Intimation for Consideration Of A Proposal Regarding Fund/Capital Raising Plan Of The Bank
INDIAN BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2024 ,inter alia, to consider and approve a proposal regarding Fund/Capital Raising Plan of the Bank15-05-2024
INDIAN BANK - 532814 - Appointment Of Dr. Alok Pande As GOI Nominee Director On The Board Of The Bank: Submission Of Brief Profile
Appointment of Dr. Alok Pande as GOI Nominee Director on the Board of the Bank: Submission of Brief Profile14-05-2024
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment/ cessation of Director13-05-2024
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Post Earnings Concall/ Meet for Q4 and FY 2023-2413-05-2024
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Update on Post Earnings Concall / Meet with Investors / Analysts: Audio / Video Recording06-05-2024
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation on Audited Financial Result of the Bank for fourth quarter and FY ended 31 March 202406-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Indian Bank
Indian Bank announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Net Profit up by 55% YoY at Rs 2,247 crore in Q4FY24 from Rs 1,447 crore in Q4FY23 Profit Before Taxes up by 111% YoY at Rs 3,057 crore in Q4FY24 from Rs 1,452 crore in Q4FY23 Operating Profit improved by 7% YoY to Rs 4,305 crore in Q4FY24 from Rs 4,016 crore in Q4FY23 Net Interest Income increased by 9% YoY to Rs 6,015 crore in Q4FY24 from Rs 5,508 crore in Q4FY23 Fee based income grew by 6% YoY to Rs 970 crore in Q4FY24 from Rs 914 crore in Q4FY23 Return on Assets (RoA) up by 33 bps to 1.15% in Q4FY24 from 0.82% in Q4FY23 Return on Equity (RoE) increased by 358 bps to19.06% in Q4FY24 from 15.48% in Q4FY23 Yield on Advances (YoA) up by 64 bps to 8.81% in Q4FY24 from 8.17% in Q4FY23 Yield on Investments (Yol) increased by 26 bps to 6.88% in Q4FY24 from 6.62% in Q4FY23 Gross Advances increased by 13% YoY to Rs 5,33,773 crore in Q4FY24 from Rs 4,73,586 crore in Q4FY23 RAM (Retail,Agriculture & MSME) advances grew by 14% YoY to Rs 3,09,918 crore in Q4FY24 from Rs 2,72,679 crore in Q4FY23 RAM contribution to gross domestic advances is 62.21%. Retail, Agri & MSME advances grew by 15%, 19% and 6% YoY respectively. Home Loan (Including mortgage) grew by 11% YoY, Auto Loan by 49% YoY and Personal Loan by 10% YoY Priority sector advances as a percentage of ANBC stood at 43.82% at Rs 1,78,527 crore in Q4FY24 as against the regulatory requirement of 40% Total Deposits increased by 11% YoY and reached to Rs 6,88,000 crore in Q4FY24. CASA deposit grew by 8%, savings deposit grew by 7% and Current deposit by 9% YoY Domestic CASA ratio stood at 42.31% as on Q4FY24 CD ratio stood at 77.58% as on Q4FY24 GNPA decreased by 200 bps YoY to 3.95% in Q4FY24 from 5.95%, NNPA reduced by 47 bps to 0.43%from 0.90% in Q4FY23 Provision Coverage Ratio (PCR, including TWO) improved by 252 bps YoY to 96.34% in Q4FY24 from 93.82% in Q4FY23 Slippage Ratio contained to 1.11% in Q4FY24 in comparison to 2.43% in Q4FY23 i.e improvement of 132 bps YoY Capital Adequacy Ratio stood at 16.44%. CET-I improved by 63 bps YoY to 13.52% Tier I Capital improved by 55 bps YoY to 14.03% FY24 Financial Highlights: Net Profit up by 53% YoY to Rs 8,063 crore in FY24 from Rs 5,282 crore in FY23 Profit Before Taxes up by 85% YoY at Rs 10,951 crore in FY24 from Rs 5,915 crore in FY23 Operating Profit increased by 10% at Rs 16,840 crore in FY24 from Rs 15,271 crore in FY23 Net Interest Income grew by 15% to Rs 23,274 crore in FY24 from Rs 20,225 crore in FY23 Return on Assets (RoA) increased by 30 bps to 1.07% in FY24 from 0.77% in FY23 Return on Equity (RoE) up by 451 bps to 19.24% in FY24 from 14.73% in FY23 Domestic Net Interest Margin (NIM) increased by 13 bps to 3.54% in FY24 from 3.41% in FY23 Yield on Advances (YoA) up by 96 bps to 8.72% in FY24 from 7.76% in FY23 Yield on Investments (Yol) increased by 35 bps to 6.80% in FY24 from 6.45% in FY23 Cost to Income Ratio is 45.92% for FY24 Result PDF06-05-2024
INDIAN BANK - 532814 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Audited Financial Results of the Bank for the fourth quarter and FY ended on 31 March 202406-05-2024
INDIAN BANK - 532814 - Record Date For The Purpose Of Dividend For FY 2023-24
Record Date for the purpose of Dividend for FY 2023-2406-05-2024