Indian Bank — Important, 31-05-2025: General Updates

Indian Bank has announced a board meeting to review the financial results for the quarter and half-year. The bank’s Asset Liability Management Committee has reduced key lending rates—MCLR and TBLR—by 0.25-0.3% across all tenors to boost credit growth. Other benchmark rates remain steady. This rate cut should support borrowing demand but may pressure interest margins in the near term.