NEWS & ADVICE : HOME LOANS
Karnataka Bank aims for Rs. 1000 crore in priority lending
By Joseph Samson
Jun 15, 2012
Print    Email    RSS   

The private sector lender, Karnataka Bank has targeted its agri-sector lending at Rs. 1000 crore for the current fiscal. The bank has allotted the task to 51 branches to concentrate on priority lending.

Of the total 530 branches, the bank has chosen 51 branches across the nation, which will be known as green belt branches and focus on increasing credit flow to the agri-sector. These centers would concentrate on both direct and indirect flow of credit to the farmers.

The bank increased its loan books from Rs. 2,000 crore to Rs. 2,800 crore in the last fiscal. The lender also plans to work on financial inclusion model and provide ATM cards for the Kissan Credit Cards (KCC) accounts.



 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Are you ready to file your taxes? Please...
Joint Home Loan: A wise decision for a...
Your EMIs may help you to reduce your tax...
If the interest rate is same, how do you...
Tax Deduction on HRA (House Rent Allowance)


PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

NEWS THIS WEEK
Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive