NEWS & ADVICE : CAR LOANS
Turnover of Karnataka Bank expected to be Rs 450 bn in FY11
By Vaibhav Aggarwal
Oct 5, 2010
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Private sector lender, Karnataka Bank is aiming to attain total business of Rs 450 billion in this financial year. The bank has a current turnover of Rs 400 billion.

The bank expects to reach the target of achieving Rs 275 billion growth in deposits and Rs 175 billion in advances.

It also has plans to increase its branch network to 480 from the existing 465 and install 300 ATMs. The current ATM count of the bank is 227.


 


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