NEWS & ADVICE : CAR LOANS
SBBJ plans to double business figures in coming 3 years
By Vaibhav Aggarwal
Oct 4, 2011
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Public sector lender State Bank of Bikaner and Jaipur has set up an ambitious plan of increasing the size of its business by almost double in the upcoming three years tenor.

The bank presently has a total business of Rs 1 lakh crore and plans to take it to Rs 2 lakh crore in coming period of the next two years.

According to MD of the bank, Mr Shiva Kumar, the bank aims to concentrate its prime eye on retail banking segment as well as on offering new and innovative services to customer base. Also, focus would be rendered on high value credit as well as foreign exchange business.

"We are planning to enrich our retail portfolio -especially car loan and home loan - by disbursing loans for high-end cars and premium apartments. For this we will be joining hands with 200 car dealers and top 100 builders and developers across the country.

Similarly, we are also focussing on exporters and SMEs to enhance our forex business,"said Shiva Kumar.

 

 


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