Encash the Growth Opportunities: P.Jayarama Bhat

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Mangalore, Oct. 25: “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 said. P.Jayarama Bhat, MD&CEO of Karnataka Bank Ltd.

Addressing the Regional Heads at the all India conference of Regional Heads held at the Bank’s Head Office, on October 25th, 2013 he said.

He further said that 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”

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.

M.S Mahabaleshwara Bhat, Chief General Manager welcomed the gathering. N R Ravishankar, AGM proposed vote of thanks.

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