INDIANB

Long-term Potential: Indian Bank seems well-positioned among PSU banks — with improving asset quality, strong PCR, and good capital. The strength in recovery and provisioning suggests it has cleaned up a chunk of legacy stress. Risk-Adjusted Opportunity: Given its current performance, there's a reasonable risk-reward. The broker target (₹672) indicates potential upside from today (depending on current share price). Legacy Risk / Slippages Although stress seems being recognized and recovery is strong, PSU banks often face risk from legacy stressed assets. PCR is high (which is good), but if new slippages appear, provisions could again rise.