Indian Bank Eyes $1.5 Billion Fundraise Through FCNR(B) Bonds

!Indian Bank is targeting a $1.5 billion capital raise via FCNR(B) bonds, tapping into foreign currency resources to strengthen its balance sheet. 📈 Recent Growth Highlights: ✅ Retail loan portfolio expanded by 18% ✅ Risk-Adjusted Assets under Management (RAM) grew by 14% ⚡ While these figures reflect solid momentum, the bank acknowledges that growth potential remains underleveraged and could have been stronger. 🔍 This fundraise aligns with broader banking sector trends where institutions are diversifying funding sources amid evolving RBI guidelines and global capital flows.