Indian Bank will focus more on high net worth individuals and non-resident Indians, Jain said. He believes these two segments have bigger chances to expand the money base for the bank. It has also been expanding the network of banking correspondents, who look after providing digital services to customers. Currently, the network of banking correspondents stands at 13,000 and the target is to grow the number to 15,000 by the next fiscal. "This is a cost-effective way where we are serving the customer through technology and also with the human touch," Jain said.
This story is from the December 25, 2024 edition of Financial Express Chennai.
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This story is from the December 25, 2024 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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