Jain elaborated that in addition to major corporate sectors such as road infrastructure, NBFCs, renewable energy, smart metering, and city gas distribution, the bank has also ventured into the metal sector. Corporate lending represents 38 per cent of the bank?s total loan portfolio, with the remaining portion allocated to retail, agriculture, and MSME (RAM) sectors. The bank?s total corporate outstanding loans are Rs 1.9 trillion, and the corporate collection efficiency stands at 99 per cent.

When asked about deposit challenges, Jain mentioned that attracting deposits is difficult due to alternative investment options like mutual funds and government securities that offer returns. He acknowledged the difficulty in obtaining low-cost deposits and noted that the bank has established around 100 resource acquisition centres to attract business from individual and institutional clients.

Regarding the Reserve Bank of India's draft guidelines on the Liquidity Coverage Ratio (LCR), Jain indicated that the bank's LCR would be impacted by 5 per cent on its current ratio of 120 per cent. The draft guidelines suggest that banks should maintain a higher stock of liquid securities as a buffer for deposits due to the risks associated with increased use of technology for fund transfers.

Additionally, Indian Bank aims to recover Rs 70 billion during the current fiscal year FY25.