Indian bank discloses debt securities, business growth for FY2024-25

Indian Bank has released its statement of debt securities for the half-year period ending March 31, 2025, in compliance with SEBI regulations. The bank's outstanding bonds, as of that date, totaled INR 16000 crore. These include perpetual bonds issued in December 2020 with an 8.44% coupon rate and call options after the fifth year, as well as other bonds with varying maturity dates and interest rates. Alongside the debt statement, Indian Bank also provided an update on key financial indicators, showing a total business of INR 1325 lakh crore as of March 31, 2025, a 5.1% increase compared to the previous quarter. Total deposits reached INR 737 lakh crore (5.0% quarterly growth), and gross advances amounted to INR 588 lakh crore (5.2% quarterly growth). Domestic RAM (Retail, Agriculture, and MSME) advances stood at INR 351 lakh crore, representing a 4.8% increase.