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Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod Kumar
Indian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surpass Rs 1.5 lakh crore during this period. Gross non-performing assets are targeted to decrease to 1.5-1.6 percent by year-end. The bank plans to sell Rs 200 crore in bad loans to an asset reconstruction company.
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thehindubusinessline.com
Indian Bank targets ₹1,500 crore treasury income in FY27
Public sector lender Indian Bank is looking to mobilise treasury income of Rs 1,000-1,500 crore in the current financial year, following better-than-expected first-quarter…
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economictimes.indiatimes.com
Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod Kumar
Indian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surpass Rs 1.5 lakh crore during this…
