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Indian Bank CEO warns margins will shrink as rates rise and plans wealth business
Business
Published on 10 May 2026
Net interest margins may fall even as growth accelerates
Indian Bank CEO Binod Kumar says India’s development will likely push interest rates higher, while net interest margins thin. To meet regulatory Expected Credit Loss norms, the bank plans to raise capital and build a wealth management business. It also targets faster retail and MSME loan growth, arguing that bank consolidation could help achieve global scale.
- CEO expects interest rates to rise and margins to fall
- Plans capital raising for Expected Credit Loss norms
- Launches wealth management to diversify beyond lending
- Focus on retail and MSME loans, plus potential consolidation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times