We aren't shutting out NBFCs, will lend to strong ones: Indian Bank chief

In a Q&A, Indian bank's new MD & CEO Padmaja Chunduru dwells on her plans to consolidate on past gains and boost the lender's financials

Padmaja Chunduru assumed charge as managing director and CEO of Indian Bank on September 21. Prior to this, she was Deputy Managing Director (Global Markets) at State Bank of India's Corporate Centre in Mumbai. Indian Bank is among the few public sector banks in the country posting profits on a quarterly basis. In her first interview with T E Narasimhan, Chundru dwells on her observations of the current trends in the sector and future plans for the bank. Edited Excerpts:

You are taking over at a time when the banking sector is facing a lot of challenges. What are your strategies