Credit growth News
Syndicate Bank targets 20% growth in advances in FY'13
Manipal-based public sector lender Syndicate Bank is aiming at a credit growth of 20 per cent for 2012-13. The bank has achieved a growth of 14 per cent in advances at Rs 1,10,954 crore for the year-ended March 31, 2012.
“We are targeting a growth of 24 per cent in deposits this fiscal. During 2011-12, we mobilised Rs 1,47,707 crore, showing a growth of 16 per cent. We have also set a target
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