Custom Search

Wednesday, July 4, 2012

Corporation Bank aims at Rs 3-lakh cr business

Corporation Bank hopes to achieve a business of Rs 3 lakh crore by March 2013.

Speaking at the 30th year celebration of Corporation Bank Officers’ Organisation’s journal Officers’ Voice here on Monday evening, Mr Ajai Kumar, Chairman and Managing Director, said that the bank has set a target of achieving Rs 2.88 lakh crore business by March-end.

“However, I wish to achieve a business of Rs 3 lakh crore by the end of the current financial year. We can achieve this, if you have passion for it,” he said.

There has been good growth in priority sector advances and in savings bank accounts also.

Luring young customers

Mr Ajai Kumar stressed the need for attracting more young customers into the bank’s fold.

Stating that 70 per cent of the people in the country are below 35 years, he said: “We do not have any share of younger generation. This generation has money. But they are not banking with Corporation Bank.”

To bring them into the banking field, the bank is trying to promote electronic banking in a big way. “We need to immediately upgrade and make our product smarter, better and attractive to the young customers,” he said.


Post a Comment

Popular Posts

Desi Google | A2Z Famous Quotes | What's Cooking America | Joke Site