We had a conservative approach for long time: Indian Bank MD Kishor Kharat

He also said that the bank is open for acquisitions

Indian Bank has reported 278.4 per cent growth in net profit for the quarter ended March at Rs 319 crore as against Rs 84 crore a year ago. Kishor Kharat, the MD and CEO of Indian Bank who assumed office this week, spoke to T E Narasimhan on his business vision of Rs 5 lakh crore by the end of March 2019. Heading one of the few public sector banks with good financials, Kharat said it is open for acquisitions. Edited excerpts: 

What is your medium-term vision and strategy for the bank?

This bank is now on a strong footing,