Financial Daily from THE HINDU group of publications
Tuesday, Aug 30, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Money & Banking - Credit Market


BoB targets 25 pc credit growth

Our Bureau

Kolkata , Aug 29

BoB sees a 25-per cent credit growth this year, while deposits are expected to increase by 18 per cent.

The bank, Dr Khandelwal, CMD, said, recorded a total business of about Rs 1,25,00 crore, of which Rs 45,000 crore or so was on account of advances.

On the deposit side, the focus will remain on raising low-cost deposits.

BoB, which has a retail portfolio of roughly Rs 7,000 crore, is eyeing substantial growth on the retail front this fiscal.

On Monday, it opened two central processing cells (for retail loans) in Kolkata, aimed at speedy disposal.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Getting banking priorities right


Rupee plunges; gilts bearish
Insulated domestic oil prices will add to fiscal burden: RBI
RBI suggests 10 pc single uniform rate for imports
Inflation seen in 5-5.5 pc range
RBI earns more globally
RBI notification on dual pricing not to impact hotels' margins
BoB targets 25 pc credit growth
BoB to strengthen credit card, asset management arms
Most banks meet capital ratio requirements


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line