NEWS & ADVICE : PERSONAL LOAN
Karnataka Bank targets for Rs 78K biz in FY13-14
By Vaibhav Aggarwal
Apr 2, 2013
Print    Email    RSS   

The private sector lender, Karnataka Bank is aiming for business of Rs 78000 crore for financial year 2013-2014.

The total business would include deposits of Rs 45,500 crore and credit of Rs 32,500 crore in 2013-14, said Mr. P Jayarama Bhat, Managing Director of the bank.

Mr. Bhat said that the bank's business touched Rs 61,300 crore in 2012-2013. This also includes deposits of Rs 36,050 crore and advances of Rs 25,250 crore.

The overall credit-deposit ratio of the bank stood at 70 per cent. In case of disbursal of credit, Karnataka Bank surpassed the projected targets for priority sector (40 per cent), agricultural sector (18 per cent) and weaker section (10 per cent) during 2012-13.


 


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
J&K Bank raises PLR
Winning in Emerging Markets by Tarun...
Get a loan to meet your any personal need
Loans to assist people with bad credit scores


HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive