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Saturday, September 5, 2009
Can you explain the strategy of business growth and expansion plans of your bank? What are the targets for 2009-1 O?
Posted by Tip at 5:18 AMNotwithstanding the global economic slowdown, SBB) has maintained a healthy growth in business and profitability in 2008-09 with net profit growth of 28.1%. For the year 200910, the bank is targeting a business growth of Rs 18,600 crore, as against the growth of Rs 9,885 crore in 2008-09. For the purpose, special emphasis is being laid on the retail segment, particularly agriculture, housing, education and SMEs. Branch expansion shaH also be pursued Vigorously keeping in view the potential at select centers.
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