Karnataka Bank is targeting another ₹90,000 crore of business in the next three years, according to Mahabaleshwara MS, Managing Director and CEO of the bank.

Addressing the regional heads of the bank at a review conference here on Monday, he said that the bank is all poised to increase its turnover to ₹1.8 lakh crore in the next three years from the present ₹94,000 crore.

New customers

The bank will acquire at least 50 lakh new customers in the next three years.

With this, the bank is targeting to take the total base of its customers to 1.3 crore from the present 80 lakh.

Referring to the demonetisation move of the government and the digital revolution taking place in the country, he said the stage is all set to make every Indian banking-literate.

“Banking is into an exciting phase, and Karnataka Bank is in an advantageous position on account of its customer-centric approach and user-friendly and secured e-banking products,” he said.