The gross non-performing assets (NPAs) as a percentage of total loans improved to 4.97 per cent at the end of September 2023 as against 7.30 per cent a year ago.
The lender s asset quality improved as gross non-performing assets (NPAs) fell to 4.96 per cent of gross advances as of September 2023 over 5.67 per cent by the end of September 2022.
Indian Bank partners with Tata Motors arms to offer supply-chain financing business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Indian Bank Supply-Chain finance would provide easy access to working capital finance to the dealers of Tata Motors Ltd at favorable terms for driving their business growth, said Indian Bank Executive Director Ashutosh Choudhury.