Epic Research Update : Karnataka Bank

Karnataka Bank, the Mangalore based premier private sector bank, is planning to open 75 new branches across the country by the end of the current Fiscal, taking the total number of branches from 600 (as on March 31, 2014) to 675 (as on March 31, 2015). The bank is also planning to open 300 new ATMs to reach 1,000 ATMs by March 2015. Meanwhile, the bank has set a business target of Rs 83,000 crore for the current year with a growth rate of 20%.


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Posted in: Indian Market Tips