Indian Bank stock price: Indian Bank has enough resources to grow rapidly: Why it is stock pick of the week

With the standstill in NPA recognition over, most banks have identified all pending non-performing assets (NPAs) in the fourth quarter of 2020-21 and Indian Bank is no exception. For instance, the gross and net NPA of Indian Bank increased to 9.85% and 3.37% respectively as on 31 March from 9.04% and 2.35% as on December 2020. However, analysts are getting bullish on this counter because the fourth quarter slippages were much lower than