Friday, May 09, 2003
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"Over the next three years, the bank has ambitious plans to start its own insurance subsidiary, increase the net worth to over Rs. 500 crores from Rs. 233 crores and network of 365 branches and 500 extension counters," the bank said.
The bank's intention was to extend life insurance, mutual funds, depository and foreign exchange services at all its major branches and make all the branches on-line compared to 103 on-line branches.
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