Syndicate Bank plans to set up 100 branches in Andhra: Media Reports

Syndicate Bank, Chairman and Managing Director, Sudhir Kumar Jha said that the lender will open 100 branches in the state of Andhra Pradesh by the end of this year, as per the media reports.

Of these 100 branches, the bank will open 10 in twin cities of the state, the report stated.

Currently, the bank has 431 branches and 134 ATMs, along with 251 ultra small branches in the Andhra.

"We have an ambitious plan of reaching a business of Rs 40,000 crore in this State from Rs 31,613 crore. We are also pioneers in linking of Aadhar numbers with bank accounts,'' Jha told media.

Dion Global Solutions Ltd.

Read more about: syndicate bank, andhra pradesh
Story first published: Monday, August 12, 2013, 9:10 [IST]
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