UCO Bank expects Rs.245,000 crore business in 2010-11
April 25th, 2011 - 5:16 pm ICT by IANSKolkata, April 25 (IANS) Public sector UCO Bank expects to show a total business of more than Rs.245,000 crore in the fiscal year 2010-11, a senior bank official said Monday.
“The bank is expected to clock a total business of more than Rs.245,000 crore during the last financial year. Its credit and deposit rates are expected to grow at the rates of 25 percent and 18 percent, respectively,” said UCO Bank Executive Director Ajai Kumar here.
“The bank will open 800 new branches across the country within 2013 and about 1,500 new ATMs will be opened this year,” he said.
Kumar said UCO Bank was aiming at creating some better products and also put up some new structures to attract more customers.
“Mobile banking will take over e-banking in the years to come in India,” he opined.
- UCO Bank targets Rs.1,350 crore net profit in 2010-11 - Jul 12, 2010
- City Union Bank targets 20-30 percent growth - May 18, 2012
- Over 500 Himachal villages to get banks - Jul 04, 2011
- IOB targets 20 percent business growth in 2012-13 - May 05, 2012
- City Union Bank to expand reach - Jul 30, 2011
- Rural banks in Bengal facing staff, skill deficit - Jul 03, 2011
- NRI deposits in State Bank of Travancore up - Apr 30, 2011
- Huge jump in Indian Bank's NPA - May 11, 2012
- Indian Bank to open more international branches - Apr 15, 2011
- Indian Bank to open more branches in and outside India - Jul 24, 2010
- ICICI Bank quarterly net profit rises 31 percent - Apr 27, 2012
- Allahabad Bank's net up 21.22 pc in Q2 - Nov 02, 2011
- IDBI Bank may go for FPO, rights issue, QIP in 12-15 months - Sep 04, 2010
- UCO Bank Q1 net profit up 12.42 percent - Jul 27, 2011
- Indian Bank eyes Rs.1.85 lakh crore business this fiscal - Sep 24, 2010
Tags: ajai, atms, bank executive, clock, e banking, executive director, fiscal year, India, mobile banking, public sector, uco bank