MD and CEO Binod Kumar outlined the expansion plans for a bank whose domestic network stood at 6,003 branches on June 30, 2026. Its merger with Allahabad Bank in 2020 had strengthened its presence in eastern India and Uttar Pradesh; the next phase will focus on Central and Western India.

Recruitment will cover both general staff and specialist officers. The hiring is intended to support growing business and replace employees who retire. Indian Bank had 41,875 employees at the end of June 2026. Recruitment dates, eligibility requirements and the split between different roles have not been stated.

The bank is targeting a gross NPA ratio of 1.5%–1.6% and a net NPA ratio of 0.15%–0.2% by the financial year-end. It also plans to transfer bad loans worth ₹200 crore to an asset reconstruction company as part of its effort to improve asset quality.

Gold lending is another growth priority. Indian Bank expects this portfolio to expand by 20% and exceed ₹1.5 lakh crore this year, after 30% growth last year. Despite a recent dip in gold prices, it expects continued demand for business and personal borrowing. Retail, agriculture and MSME loans currently account for 65% of lending, against 35% for corporate loans, and the bank intends to retain that mix.