On the deposit front, the bank's focus would be on accelerated and sustained deposit growth to reach a market share of two per cent by March 2000, the bank's chairman and managing director RS Hugar said in a release.

The emphasis would be on segmented business to tap niche market opportunities to achieve a competitive edge in the market, he said. The bank was in the process of making necessary reorientation activities towards building volumes in low cost deposits, he added. On the credit front, the bank aims to build a healthy credit portfolio to achieve a substantial growth rate and better market share. The focus would be on increasing credit dispensation under personal banking products and trade advances.

The ban would also concentrate on reducing NPAs to industry-lowlevels with an increased thrust on accelerated recovery. In the cash management services sector, the bank has set up a turnover target of Rs 65,000 crore with 775 corporate clients. The forex turnover of the bank is expected to grow at the rate of 30 per cent to reach Rs 63,000 crore. In gold banking, it has targeted a turnover of Rs 5,000 crore. During the fiscal, the bank would fully computerise its 500 branches facilitating E-mail connections. The bank also has plans to launch a new gold deposit scheme during the year.