Overall, at the industry level, there is a concern of a slowdown in credit growth,” Binod Kumar, Managing Director & CEO of Indian Bank said in an interview. “Credit growth slowdown is on two or three counts. One is retail — where slowdown is primarily because of unsecured lending and credit cards, where we don’t have much exposure,”

“We remain optimistic about achieving our 10-12% credit growth target for the financial year 2026, supported by an improving macro environment, expected policy rate cuts, and stronger retail and MSME credit demand,” he said.

Chennai-based Indian Bank is optimistic about achieving its credit growth target of 10-12% for the financial year 2026.

“Overall, at the industry level, there is a concern of a slowdown in credit growth,” Binod Kumar, Managing Director & CEO of Indian Bank said in an interview. “Credit growth slowdown is on two or three counts. One is retail — where slowdown is primarily because of unsecured lending and credit cards, where we don’t have much exposure,”

“We remain optimistic about achieving our 10-12% credit growth target for the financial year 2026, supported by an improving macro environment, expected policy rate cuts, and stronger retail and MSME credit demand,” he said.

Our Retail and MSME book grew by 14% and 12% respectively last year, and we aim to sustain that momentum, Mr. Kumar said.

He said Indian Bank is focusing on home loans, cluster-based MSME lending and supply chain financing which brought in ₹ 1,300 crore business last year.

On the corporate side, we’re focusing on champion sectors such as data centres, chemicals, engineering, electric vehicle, oil & gas, and renewable energy. With steady economic momentum and supportive regulations, we expect our growth to align well with industry trends, Mr. Kumar said.