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Indian-Commodity  :  Corporate  :  Karnataka Bank targets Rs 6,800 crore farm credit in FY18

Karnataka Bank targets Rs 6,800 crore farm credit in FY18 (20-Jul-2017)

Karnataka Bank is targeting Rs 6,800.00 crore of farm credit during current financial year 2017-18. This constitutes 18.09% of ANBC (Adjusted Net Bank Credit) as against the minimum regulatory requirement of 18%.

As on March 31, 2017, the Bank has achieved its agriculture advance target of 18% and is confident of maintaining the said achievement level in future.

Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.




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