Karnataka Bank is reportedly targeting to increase its turnover to Rs 1.8 lakh crore in the next three years from the present Rs 94,000 crore.
The Bank is planning to 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.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.