Question
Which bank has introduced a Dedicated Business Unit
Concept, ‘Resources Acquisition Centre’ (RAC) & its primary objective is to strengthen the Retail Deposit Portfolio, which encompasses Current Deposit, Savings Bank, and Term Deposit accounts?Solution
Indian Bank introduced a Dedicated Business Unit Concept, ‘Resources Acquisition Centre’ (RAC). The primary objective of this new initiative is to strengthen the Retail Deposit Portfolio, which encompasses Current Deposit, Savings Bank, and Term Deposit accounts. The bank will focus on specific customer segments, including HNIs, Government/Institutional Clients, Salaried Class, Corporates, Business community, Traders, and Pensioners.
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