Union Bank to open 300 branches this fiscal

Union Bank of India will open around 300 branches and recruit more people this fiscal.

Speaking to presspersons on the sidelines of a function to inaugurate the new regional office of the bank here on Monday, Mr D. Sarkar, Chairman and Managing Director, said that the bank has nearly 3,300 branches across the country.

“We are planning to open 300 branches this fiscal,” he said.

Recruitment

With the expansion plans on the way, recruitment will also follow. The bank may need to recruit around 4,000 people.

Stating that it is a rough estimation, he said the requirement includes officers, clerical staff and sub-staff.

Terming the recruitment as an ongoing process, Mr Sarkar said nearly 2,500 officers are in the process of joining the bank this fiscal.

Union Bank, which has around 3,850 ATMs in the country, will increase it to nearly 5,000 ATMs by the end of the current fiscal.

vinayakaj@thehindu.co.in