Moneycontrol PRO

business

Expect 10-11% loan growth in current fiscal: Indian Bank CEO

There will be no major pains with respect to slippages, says Jain. Out of the Rs 825 crore fresh slippages in Q1 of current fiscal, Rs 93 crore was an addition due to existing non-performing assets (NPA). Also there was a Rs 758 crore recovery and upgradation.

first published: Aug 2, 2016 03:24 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347