Private sector bank, Dhanlaxmi Bank has launched a suite of retail asset products. The new products will boost the bank’s goal of concentrating more on retail banking.
The bank’s loan book is anticipated to include 30% of retail banking portfolios in this fiscal. The bank official says, these retail products form phase II of the bank’s retail lending business. In Phase I, the bank had introduced credit cards.
The retail asset book of the bank will include home loans, equipment and car loans, gold loans etc. The retail asset products will drastically increase the bank’s retail loan book.
Dhanlaxmi Bank MD and CEO Amitabh Chaturvedi said, the step is a part of the bank’s big tactic of becoming a major end financial services provider across all divisions of banking.
The bank presently has 271 branches throughout the country and 400 ATMs located in 14 states and 136 centers.
Get the best deals on loan offers
Some useful personal finance calculators