India, Aug. 29 -- Public sector lender Indian Bank is looking to mobilise treasury income of Rs 1,000-Rs 1,500 crore in the current financial year, following better-than-expected first-quarter realisation.

During the first quarter, the bank anticipated an overall treasury income of Rs 300 crore, but actually earned Rs 500 crore, much better than expected, Indian Bank MD and CEO Binod Kumar told PTI in an interaction.

Overall, he said, "We anticipate treasury income between Rs 1,000 crore and Rs 1,500 crore during the current financial year".

Treasury income comes from two components. The first is trading income, and the other is the interest income from investments.

Asked about asset quality management, Kumar said the bank has been ma...