Indian Bank Thrives Amid West Asia Volatility, Eyes Strong Growth: Ashutosh Choudhury

• Indian Bank registers strong growth despite global uncertainties, with 13.5% year-on-year growth.
• Advances grew by 14.5% and deposits by 12.5%, confident of achieving financial year targets.
• West Asia crisis has indirect impact, affecting exports to Gulf countries and energy prices, but government support helps.
• MSME portfolio exceeds one lakh crore, growing at 16.5%, with significant unmet credit demand of 13 lakh crore.
• Bank implements safeguards against mobile banking fraud, alerting customers about suspicious APK files; customer awareness is key.