Public sector Canara Bank hopes to achieve a 16 per cent business growth in 2003-04 against a 15 per cent growth achieved in the previous year.
The bank has pegged its targeted total business at Rs 1,31,000 crore for the year 2003-04 against Rs 1,12,567 crore achieved in the previous year.
Deposit target was pegged at Rs 82,000 crore against Rs 72,095 crore in the previous year. Canara Bank hopes to achieve a total advances figure of Rs 49,000 crore in 2003-04 against Rs 40,470 crore achieved last year.
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The bank also plans to launch its debit card during September with a Visa tie-up.