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Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEO
After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the next two years from 14% at present. It also plans to enter into the credit card business, and loans against mutual funds are on the cards, too, as is a renewed focus on microloans.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growth
Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offering loans against mutual funds. A renewed…
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Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEO
After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the next two years from 14% at present. It…