Summary
Indian Bank's share price surged by 10% to ₹872.45 following the announcement of its Q1FY27 results, which reported a 10% year-on-year increase in net profit to ₹3,273 crore, a 17% rise in Net Interest Income (NII) to ₹7,435 crore, and improved asset quality with a nearly 30% year-on-year decline in Gross Non-Performing Assets (GNPA).
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