Archive · 26 May 2025
Indian Bank Aims for 10-12% Credit Growth in FY26
Indian Bank, based in Chennai, wants to lend more money to people and businesses.
They're aiming for a 10-12% increase in loans by the year 2026.
They did pretty well last year in giving out loans to small businesses and regular people.
The bank plans to focus on home loans and other areas to boost lending.
They also think interest rate cuts will encourage more people to borrow money.
To attract more people, the bank is creating new types of savings accounts.
Indian Bank is targeting a 10-12% credit growth for the financial year 2026.
The bank's Retail and MSME book grew by 14% and 12% respectively the previous year.
Indian Bank is focusing on home loans, MSME lending and supply chain financing.
The bank anticipates increased credit demand due to expected interest rate cuts.
The bank is expanding Resource Acquisition Centres and introducing new deposit products.
- Who
- Binod Kumar, Managing Director & CEO of Indian Bank
- What
- Indian Bank is aiming for a 10-12% credit growth.
- When
- The target is for the financial year 2026.
- Where
- Chennai
- Why
- Supported by macro environment, policy rate cuts, and stronger retail/MSME credit demand
- Targeted Credit Growth
- 10-12% (FY26)
- Retail and MSME Growth (Last Year)
- 14% and 12%
- Focus Areas
- Home loans, MSME lending, supply chain financing
- BPSL Exposure
- ₹2,618.34 crore (as on Dec 31, 2020)
- CASA Ratio
- Above 40% (Last FY)