LKB register 33 per cent growth
By Kochi: | 16 May 2004
Advances of the bank also registered a rise of 22 per cent during the fiscal, from Rs 941 crore to Rs 1146 crore.
The bank, which has 106 branches spread across 11 states and union territory of Chandigarh, was planning to open more fully automated branches, he said. LKB has opened 10 branches during the fiscal and holds licence for opening eight more during the current fiscal, Nayak disclosed.
With a view to ensure more services to NRI customers, the bank has tied up with Western Union for quick money transfer for NRIs. LKB had also entered into rupee drawing arrangement with well-known exchange house, he added.