London, February 21: Punjab National Bank has set an ambitious target of achieving Rs 10 lakh crore business by March 2013 from the Rs 4 lakh crore as on December 2009, its chairman and managing director Kasargod Ramachandra Kamath has said here.
The second largest public sector lender in the country earned a net profit of Rs 1,011 crore in the last quarter is plannig to expand its customer base from the current 46 million to 150 million by 2013, Kamath told PTI in an interview here.
“The Bank has set up a target of Rs 10 lakh crore business by March 2013 and expand its customer base from 46 million to 150 million by 2013,” Kamath said.
Most of the expansion will take place utilising IT, providing “seamless banking service,” he added.
–PTI