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SBI Bets
Big, Sees 16% Compounded Growth
Bangalore: The State Bank of India (SBI), is targeting
a compounded annual growth of 16 per cent, up from the
current level of 12-13 per cent, for the next three to
four years. The bank's total balance sheet size is over
Rs four lakh crore.
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LIC
Housing Fin against poaching of loan accounts
Chennai: LIC Housing Finance will not poach customers
from other housing finance companies. "For one thing,
it is unethical and for another, it could result in bad
loans," Mr S. Nallakuttalam, Regional Manager said
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Allahabad
Bank sets sights on overseas markets
Mumbai: Allahabad Bank plans to tap overseas markets
such as China, Sri Lanka and Indonesia to tap trade synergies.
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