Karnataka Bank, set to raise turnover to Rs 1,80,000 Cr

Mangalore Today News Network

Mangaluru, April 25,2017: Karnataka Bank Ltd Managing Director, CEO Mahabaleshwara M S addressing the Regional Heads of Karnataka Bank on the occasion of regional heads quarterly review conference here, at Mangaluru, on April 24, Monday said that in  the next three years, Karnataka Bank will on-board at least 50 lakh new customers and take the total customers base to 130 lakhs from the present base of 80 lakhs. Similarly, Bank is all poised to increase the turnover to Rs 1,80,000 crores from the present level of Rs 94,000 crores by adding another Rs 90,000 crores in the next 3 years. 

“Ably supported by digital revolution and fully aided by the demonetization move, stage is all set to make every fellow Indian as banking literate by taking banking to the finger tips of masses,” he said.

Banking in India is in an exciting phase and Karnataka Bank is in an advantageous position on account of its customer centric approach and user friendly and secured e-banking products.”While encashing the growth opportunities, equal importance be given to quality. Growth should not be at the cost of quality”, he cautioned.