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The Economic Times
The Economic Times

Indian Bank aims to recover Rs 5,500 from bad loans during FY27: MD Binod Kumar

Indian Bank Binod Kumar

Public sector lender Indian Bank is targeting up to Rs 5,500 crore from the recovery of bad loans during the current financial year.

"The recovery made during the first quarter was Rs 1,885 crore, and the aim is to garner Rs 4,500 crore to Rs 5,500 crore under this head in FY27," Indian Bank MD and CEO Binod Kumar told PTI in an interaction.

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