Indian Bank Q4 profit rises 5% to Rs 2956 crore amid falling bad loans

Bad loans dropped sharply, but treasury risks loom abroad

Indian Bank reported a 5% year-on-year rise in Q4 net profit to Rs 2,956 crore as operating profit improved and both gross and net non-performing assets fell sharply. While the lender expects steady advances growth in the current fiscal year, it flagged potential challenges for treasury operations linked to global events. Deposits also grew strongly.