State-run Allahabad Bank has said its total business touched Rs 1,79,000 crore during the 2009- 10 fiscal, exceeding the target of Rs 1,75,000 crore.
Deposits of the bank stood at Rs 1,06,000 crore, while advances stood at Rs 73,000 crore for the period, Chairman and Managing Director J P Dua said in a statement.
Dua said that the bank had implemented CBS in 969 branches out of a total of 2,287 planned to implement CBS fully at all its branches by the end of calendar year 2010.
He said during the current year, the bank would increase credit flow to the MSME sector.
The bank today inaugurated its first branch at Silvassa in the Union Territory of Dadra and Nagar Haveli under the Ahmedabad zone.