Both institutions have been catalysts in the growth of Indian industry by extending term lending facilities to domestic corporates. The Bank's promoters provide institutional character and strong business support. The long-term strategic goal of the promoters is to be able to provide all clients of the group universal banking products under one roof. This perception is wrong. The primary thrust is raising resources at a low cost, to maintain quality assets, to generate income from non interest income through fee based-sources.
Technology is primary to our functioning.
We believe in growing surely and steadily, and not in a spectacular way. We don't wish to takes chances with the investor's money. No, even in the dullest of moments bank shares have done well. Even scripts like Bank of Baroda and Bank of India are doing well. Bank shares offer steady and safe capital appreciation.