Syndicate Bank will up its focus on group schemes as they promise incremental growth, besides customer stickiness.
 
The decision is backed by a strong showing in the agri and women's self help group sector. The latter has a near 100 per cent repayment track record, forcing the bank to increase the exposure to the segment.
 
At the launch of SyndArogya, a health insurance scheme in association with United India Insurance on Thursday, K M Shet, Syndicate Bank CMD, said the bank will seek to up its focus on funding self help groups, agri-sector and student loans. Besides, the bank is negotiating with hospitals like Narayana Hrudayala for concessional treatment for the bank's customers.

 
 

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First Published: Dec 24 2004 | 12:00 AM IST

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