SMALLER BANKS TRY TO STAY FIT

Smaller PSBs such as Allahabad Bank, Andhra Bank, Corporation Bank and Oriental Bank of Commerce managed to increase their credit portfolio at an average rate of 23% in the December 2009 quarter when the biggies such as State Bank of India, Punjab National Bank, Bank of India, Bank of Baroda and Union Bank of India, could show only 15% on an average. Even small private banks like Federal Bank, City Union Bank, South Indian Bank, Dena Bank and Dhanalaxmi Bank increased their loans on an average of 24%.


Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Smaller-banks-try-to-stay-fit/articleshow/5550057.cms