Indian Bank Retains Credit Growth Outlook, Lowers NPA Target

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reaffirmed its credit growth guidance at 10–12%, anticipating results could surpass this range. The bank also maintained its return on equity target of 18–20% while improving its gross NPA goal from below 3% to under 2%. Recoveries remain on track, with ₹3,700 crore already realized out of the ₹5,500–6,500 crore annual target.