Indian Bank Bets on Growth with 100 New Branches, 2,500 Fresh Hires
What Happened
Indian Bank plans to open around 100 new branches and recruit 2,500 employees, including specialist officers, during FY27. The expansion will primarily focus on Central and Western India as the public sector lender looks to strengthen its nationwide presence.
Key Takeaways
Alongside expansion, the bank aims to improve asset quality by lowering NPAs and expects its gold loan portfolio to exceed ₹1.5 lakh crore. The hiring drive is intended to support business growth and replace retiring employees.