News Karnataka
Wednesday, January 19 2022

Mangaluru

Karnataka Bank is set to encash the growth opportunity;P.Jayarama Bhat

Mangalore :Karnataka Bank is all set to encash this growth opportunity with innovative loan products said Sri. P.Jayarama Bhat, MD and CEO of Karnataka Bank Ltd.

He was addressing the Regional Heads at the all India conference of Regional Heads held at the Bank’s Head Office, on October 25th, 2013, for reviewing the business performance for the half year ended September 30, 2013.

He said “Asset quality of the banking sector is under stress mainly on account of a  subdued economy and negative sentiment of investors. Nevertheless there is untapped potential in the retail segment especially, MSME [Micro Small and Medium Enterprises], Forex, Agri and housing sectors, which would drive the growth in the ensuing quarters. Karnataka Bank is all set to encash this growth opportunity with innovative loan products, and with the collective efforts of all the Regional Heads the bank will be able to achieve all its business targets set for the current fiscal despite the challenging business environment.”

In his welcome and introductory address, Sri M.S Mahabaleshwara Bhat, Chief General Manager, briefed the gathering on the key performance highlights of the Bank during the quarter.

Sri P. Jairama Hande, Senior General Manager, Sri N.Upendra Prabhu, and Dr. Meera L B Aranha [General Managers] are also spoke on the occasion.

The conference was attended by all the ten Regional Heads of the Bank, Heads of the Bank’s International Division, Data Centre and Central Processing Centre, besides senior executives from Head Office.

The meeting concluded with the Vote of thanks by Sri. N R Ravishankar, AGM.

MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe Newsletter

Get latest news karnataka updates on your email.