Monday, Nov 03, 2003
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By Our Staff Reporter
Addressing a gathering of customers at the inauguration of a week-long `Home loan festival' in all the 44 branches in Pondicherry and Cuddalore circles, Mr. Rao said while other banks were concentrating on metro cities, "we are taking the home loan concept to other places too since we believe most of India lives in these smaller places".
For the past three years, the bank had been concentrating on financing home loans very aggressively. This was because the bank believed that when they financed the construction of a home, they in turn finance various industries like steel, cement, electric and electronics, he said.
Selvam Veeraraghavan, Additional General Manager, Pondicherry, said the home loan festival would be on till November 8 in all the 44 branches.
Customers from Villupuram, Dindivanam, Cuddalore, Pondicherry and Karaikal would benefit from this festival. In an effort at making the procedure customer-friendly and simple, he said applications would be scrutinised on the spot and care would be taken to make things easier for the customers.
Kadiresan, Circle Head, Indian Bank, Cuddalore, was also present. Later,
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