Indian Bank distributed sanction letters aggregating to ₹1,220 crore across the Retail, Agriculture and MSME sectors at a Disbursement and Customer Outreach Camp organised in Mumbai covering the regions of Maharashtra, Gujarat and Goa as part of its 120th Foundation Day fortnight celebrations.Binod Kumar, MD & CEO, Indian Bank, inaugurated the camp and handed over sanction tickets to the beneficiaries.Of the total sanctions, the MSME segment accounted for ₹615 crore underscoring the bank’s commitment to supporting entrepreneurs and the growth of the MSME sector.“Timely and adequate access to credit is critical to enabling individuals, farmers and entrepreneurs to realise their aspirations. These sectors are key drivers of employment generation, entrepreneurship and inclusive economic growth, and we will continue to strengthen our efforts to provide customer-centric financial solutions that support their growth and development,” Binod Kumar, MD & CEO, Indian Bank, said.Published on August 13, 2026