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Money & Banking - Fixed Deposits
Deposit mobilisation drive

Bangalore, Sept. 17

Syndicate Bank commenced a nationwide massive door-to-door deposit mobilisation campaign. The campaign was launched in Bangalore by the bank’s Chairman & Managing Director, Mr George Joseph. The bank collected over Rs 250 crore on the first day of the campaign. It mobilised deposits of Rs 107 crore from Bangalore City alone on the first day. A bank release said that the campaign was intended for expanding financial inclusion, especially in rural areas. It added that the bank’s staff visited households to open new accounts.

— Our Bureau

More Stories on : Fixed Deposits | Public Sector Banks

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