Indian Bank to pare stake in ASREC below 30% by March 2026 by ET Markets | August 5, 2025 9:04 pm | Indian Stocks, Market, News Indian Bank plans to reduce its 38.26% stake in ASREC (India) Ltd to below 30% by FY26, in compliance with regulatory norms limiting bank exposure in non-subsidiaries. The stake is valued at ₹37.5 crore.