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Last Updated : Jan 30, 2012 05:42 PM IST | Source: CNBC-TV18

Cash recovery Rs 500 cr plus, FY12 NIM at 3.5%: Indian Bank

CNBC-TV18 catches up with T M Bhasin, chairman and managing director of Indian Bank to get a rounded view of the quarterly numbers and the way ahead for the bank.

Indian Bank posted third quarter results were taken away positively by the street. Cash recovery was significantly higher this quarter at Rs 366 crore. Speaking to CNBC-TV18, T M Bhasin, chairman and managing director of Indian Bank says that he expects the figure to cross Rs 500 crore for the full year.

First Published on Jan 30, 2012 02:50 pm
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