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Below are the financial statements of Indian Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Indian Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Interest earned | 55,649.73a | 44,985.16a |
| Other income | 8,581.95a | 7,804.5a |
| Total | 64,231.68a | 52,789.66a |
| Expenditure | — | — |
| Interest expended | -32,340.76a | -24,717.29a |
| Operating expenses | -14,952.8a | -12,724.76a |
| Provisions & contingencies | -8,808.97a | -10,017.13a |
| Total | -56,102.53a | -47,459.18a |
| Consolidated profit/ (loss) for the period attributable to group before adjustment for share of earnings in associates and minority interest | 8,129.15a | 5,330.48a |
| Share of earnings in associates | 293.37a | 243.04a |
| Consolidated profit/ (loss) for the period before deducting minorities' interest | 8,422.52a | 5,573.52a |
| Less: minority interest | 3.11a | 1.21a |
| Consolidated profit/ (loss) for the period attributable to the group | 8,419.41a | 5,572.31a |
| Profit / (loss) brought forward | 1,365.84a | 1,071.77a |
| Total | 9,785.25a | 6,644.08a |
| Appropriations | — | — |
| Transfer to | — | — |
| Statutory reserves | 2,015.74a | 1,320.43a |
| Capital reserves | 0a | 0a |
| Special reserve u/s 36(1)(viii) of IT Act | 362.22a | 191.73a |
| Investment fluctuation reserve | 328.11a | 0a |
| Revenue reserves | 3,250a | 2,655a |
| Staff welfare fund | 40a | 40a |
| Investment reserve | 254.4a | 0a |
| Equity dividend | 1,616.36a | 1,071.08a |
| Proposed preference dividend | 0a | 0a |
| Dividend distribution tax | 0a | 0a |
| Balance carried over to consolidated balance sheet | 1,918.42a | 1,365.84a |
| Total appropriations | 9,785.25a | 6,644.08a |
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