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Indian Bank Achieves Robust Growth Amidst West Asia Volatility: Ashutosh Choudhury
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Indian Bank Thrives Amid West Asia Volatility, Eyes Strong Growth: Ashutosh Choudhury
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News18
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20-03-2026, 19:00
Indian Bank Thrives Amid West Asia Volatility, Eyes Strong Growth: Ashutosh Choudhury
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Indian Bank registers strong growth despite global uncertainties, with 13.5% year-on-year growth.
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Advances grew by 14.5% and deposits by 12.5%, confident of achieving financial year targets.
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West Asia crisis has indirect impact, affecting exports to Gulf countries and energy prices, but government support helps.
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MSME portfolio exceeds one lakh crore, growing at 16.5%, with significant unmet credit demand of 13 lakh crore.
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Bank implements safeguards against mobile banking fraud, alerting customers about suspicious APK files; customer awareness is key.
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