Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Focus on CASA to offset high borrowing costs
Targeting 1000 ATMs by FY11 and 3000 by FY13.
Targeting 70% provision coverage by March 2011.
Deposit growth has been lower as bank has consciously shed long-term high deposits.
Reliance on short-term CDs has increased to take repricing advantage when interest rates decline.
Plans to scale up presence in CASA-rich North Indian states like UP.
Targeting to take CASA up to 30% in one year.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Focus on CASA to offset high borrowing costs
Targeting 1000 ATMs by FY11 and 3000 by FY13.
Targeting 70% provision coverage by March 2011.
Deposit growth has been lower as bank has consciously shed long-term high deposits.
Reliance on short-term CDs has increased to take repricing advantage when interest rates decline.
Plans to scale up presence in CASA-rich North Indian states like UP.
Targeting to take CASA up to 30% in one year.
No comments:
Post a Comment