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Karnataka Bank Managing Director P Jayarama Bhat has stressed the importance of each branch for the overall growth of the bank.
Addressing the business review conference of the bank for the second quarter of 2014-15 in Mangalore on Thursday, he said the bank has been able to record an impressive result for the second quarter of the current fiscal with a growth of over 200 per cent in net profit.
With business sentiments improving, all efforts should be made to encash these sentiments to augment business volumes and operating surplus through aggressive credit expansion and effective NPA management. Hence, the performance of each branch is key for the growth of the bank, he said.
With best customer service, the bank should be able to record all-round growth and take the performance to a new high, Bhat said.
A press release said here that MS Mahabaleshwar Bhat, Chief General Manager of the bank, who delivered the introductory address, highlighted the performance of the bank vis-à-vis banking industry and the focus area for the quarter.
Hyderabad region of the bank, headed by BS Raja, Assistant General Manager, was awarded the ‘KBL Performers’ award for the quarter ended September 2014, for its performance under core business areas such as CASA (current account savings account), core deposits and performing advances, the release added.
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