Shareholders meeting

INVESTOR SERVICES CELL Ref. No.: ISC/131/2026-27 Date: 08.07.2026 The Vice President The Vice President National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Bandra Kurla Phiroze Jeejeebhoy Towers Complex, Bandra East Dalal Street Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: INDIANB BSE Scrip Code: 532814 Dear Sir/Madam, Subject: Copy of Minutes of Annual General Meeting of the Bank held on 17th June 2026 In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of minutes of Annual General Meeting of the Bank held on 17th June 2026. This is for your information, record and dissemination please. Yours faithfully, For Indian Bank AGM & Company Secretary Encl: A/a Corporate Office: 254-260, Avvai Shanmugam Salai, Royapettah, Chennai – 600 014 फोि Phone: 044-2813 448 v4/4698 , ई-मेल Email: investors@indianbank.bank.in in » MINUTE BOOK MINUTES OF THE TWENTIETH ANNUAL GENERAL MEETING (AGM) OF SHAREHOLDERS OF INDIAN BANK HELD ON WEDNESDAY, THE 17TH_JUNE 2026AT 11.0QA.M.THROUGH VIDEO CONFERENCING(VC! QTHER AUDIO VISUAL MEANS (OAVMs) PRESENT: Shri Binod Kumar Managing Director & CEO (in the Chair) Shri Ashutosh Choudhury Executive Director Shri Shiv Bajrang Singh Executive Director Ms. Mini TM Executive Director Shri Samir Kumar Govt. Nominee Director Smt. K Nikhila RBI Nominee Director Shri Sanjeev Maheshwari Shareholder Director and Chairman of Audit Committee of Board Shri Bhupinder Singh Shareholder Director and Chairman of Bhalla Stakeholders Relationship Committee and 80 shareholders including Authorized Representative of the Government of India attended the meeting through Video Conferencing/Other Audio-Visual Means. Shri Jitendra Asati, Director, Department of Financial Services, Ministry of Finance represented the Government of India. 1. Shri Binod Kumar, Managing Director & CEO of the Bank, pursuant to Regulation 51 (i) of the Indian Bank (Shares and Meetings) Regulations, 1999 chaired the Meeting. 2. The Chairman of the meeting welcomed the shareholders at the 20" Annual General Meeting (AGM) of the Bank. 3. After confirmation of the requisite quorum by Shri Dina Nath Kumar, Company Secretary of the Bank, the Chairman called the meeting to order and requested the Directors attending the meeting to introduce themselves. Thereafter, the Directors attending the meeting introduced themselves one by one. 4. The Chairman informed that in compliance with the extant guidelines, the Bank has sent copy of AGM Notice and Annual Report to shareholders through email and also published the Notice of the Annual General Meeting in newspapers. CHAIRMAN'S The Chairman then requested Mr. Su nil Jain, CFO of the Bank to provide INITIALS details of the same. a &8 is» a»a 5. Mr. Sunil Jain, CFO of the Bank informed that Notice of AGM was published by the Bank in newspapers namely, Financial Express (English), Jansatta (Hindi) and also in Tamil newspaper namely "Dinamani", on 08 May 2026 notifying the shareholders that the Bank is conducting its 20 Annual General Meeting through Video Conferencing/Other Audio Visual Means. In the said Notice, a request was also made to the shareholders to register their email IDs for receiving electronic copy of Notice of AGM and the Annual Report of the Bank for FY 2025-26. 6. Mr. Sunil Jain, CFO further informed that the soft copy of AGM Notice dated 22 May 2026 convening the AGM along with a link for accessing the Bank's Annual Report for FY 2025-26 was e-mailed on 23"° May 2026 to those shareholders whose email IDs were registered in the records of either the Bank's RTA or the Depositories. In addition, the Bank has sent individual letters containing web-link for accessing Annual Report of the Bank for FY 2025-26 to those shareholders whose e-mail Ids were not available in the Bank's shareholding Record/ Depository Participants Record. Further, in terms of provisions of the Indian Bank (Shares and Meetings) Regulations, 1999 and Companies (Management and Administration) Rules, 2014, the Notice dated 220 May 2026 convening the Annual General Meeting and details of e-voting was published in newspapers namely Financial Express (English), Jansatta (Hindi) and also in Tamil newspaper namely "Dinamani" on 25 May 2026. The Notice of AGM and the Annual Report for FY 2025-26 have been made available on the Bank's website and also filed with the Stock Exchanges namely NSE & BSE. Mr. Sunil Jain, CFO then requested the Chairman to continue with the further proceedings. 7. Thereafter, with consent of the shareholders attending the meeting, AGM Notice and Annual Report for FY 2025-26 was taken as read. 8. The Chairman then proceeded to provide snapshot of Bank's performance during FY 2025-26 on key parameters like Business, Earnings & Profitability, Asset Quality, Capital Structure, Bank's Footprint, Awards & Recognitions, Financial Inclusion Initiatives, Leveraging Technology, HR Initiatives, Ongoing Initiatives and the Way Forward. 9. The Chairman provided brief outline of Bank's performance as under: CHAIRMAN'S The Bank recorded healthy expansion across key parameters. Total INITIALS business touched 14.95 lakh Crore, registering a robust year-on- year growth of 12.79 %. The deposit base grew strongly to &8.28 lakh er +.4&8 ion a. MINUTE BOK Crore, reflecting an increase of 12.29 %, supported by focused efforts on liability mobilisation and customer engagement. Gross advances expanded to 6.67 lakh Crore, recording a healthy growth of 13.43 %, underpinned by broad-based credit demand. The Bank maintained a credit-deposit ratio of nearly 81 %, indicating efficient deployment of resources while preserving liquidity comfort. Growth continued to be driven by the Bank's Strategic Focus on the Retail, Agriculture, and MSME (RAM) segments, which together now account for over 65 % of the domestic credit portfolio. Retail advances grew by 19 %, agriculture credit by 11 %, and MSME advances by 16 %, reflecting a balanced and inclusive growth strategy aligned with national priorities. Further strengthening digital MSME lending, IND MSME DIGI (New Credit Assessment Model -- NCAM) was launched during FY'2 to cover loans up to 5 Crore. Under this initiative, 12,339 accounts were on-boarded, creating a portfolio of 2,558 Crore with zero NPA (non-performing assets). The Bank continued to demonstrate firm commitment to deliver priority sector lending during FY'26. Priority Sector Advances reached 41 % of Adjusted Net Bank Credit (ANBC), exceeding the regulatory requirement of 40 %. Credit to agriculture formed over 19 % of ANBC, reinforcing the Bank's focus on supporting the farming community and allied activities. The Bank maintained its emphasis on inclusive finance through targeted lending to small and marginal farmers, weaker sections, self-help groups (SHGs), and micro-enterprises. During FY'26, disbursements to SHGs amounted to 17,800 Crore, supporting 5,03,000 SHGs and positively impacting approximately 56 lakh members across the country. The Bank assisted 19,527 women-led units with credit support of 280 Crore under the "Lakhpati Didi" scheme. The Bank's MSME portfolio witnessed sustained traction during the year, supported by digital lending initiatives, simplified processes, and targeted outreach. Under the PM Mudra Yojana (including RRBs), the Bank achieved 100 % of its annual target, disbursing 315,718 Crore against a target of 15,700 Crore. Under the PM Vishwakarma scheme, cumulative disbursements since inception amounted to 115 crore to 13,497 beneficiaries, while under PM SVANidhi, 1,226 crore was extended to 7.82 lakh beneficiaries. Financial inclusion remained a central pillar of the Bank's strategy. As of March 2026, the Bank is having 247 lakh PMJDY accounts, with 17.89 lakh new accounts added during the year. CHAIRMAN'S INITIALS w a» Mil4tu Under social security schemes, cumulative enrolments reached to 109 lakhs under PMJJBY and 223 lakhs under PMS BY. Under the Ata [Showing first 8,000 characters — download PDF for full document]