Indian Bank raises FY27 advances growth to 13-14%.

Indian Bank

has raised its FY27 advances growth guidance to 13-14 percent. It also lifted deposit growth guidance to 11-12 percent and guided for 5-7 bps NIM expansion in Q3 FY27. The bank expects higher loan growth at 13-14 percent for FY27. Deposit growth target is now 11-12 percent. It also guides for 5-7 basis points net interest margin expansion in the third quarter. The update signals stronger business momentum. Key numbers are FY27 advances growth of 13-14 percent, deposit growth of 11-12 percent and 5-7 bps NIM rise in Q3. These targets may support near-term price action for the stock. Peers such as Bank of Baroda, Canara Bank and Punjab National Bank could face relative comparison on growth guidance. Risks include slower credit demand or deposit cost pressure. Competitors listed: Bank of Baroda, Canara Bank, Punjab National Bank. We have no financial interest in this news.