HomeNewsBusinessCompaniesSee 20-22% credit growth by year-end: Indian Overseas Bank

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See 20-22% credit growth by year-end: Indian Overseas Bank

In an interview to CNBC-TV18, M Narendra, chairman of Indian Overseas Bank says, the credit growth will be around 20-22% by the year-end. “After September, the growth rate in credit has been slightly lower because of the economic factors. The industry growth is 18%. We may be around 2% higher than that,” he adds.

December 22, 2011 / 17:38 IST

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In an interview to CNBC-TV18, M Narendra, chairman of Indian Overseas Bank says, the credit growth will be around 20-22% by the year-end.

TAGS: #Business #Indian Overseas Bank #M Narendra

first published: Dec 22, 2011 03:59 pm

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