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Monday, August 12, 2013

Syndicate Bank to open 100 branches in AP

Syndicate Bank will open hundred branches in the State by the end of this year including 10 in the twin cities, according to its Chairman and Managing Director Sudhir Kumar Jain.

Speaking to newspersons here, Jain has said that his bank had 431 branches and 134 ATMs besides 251 ultra small branches in the State.

“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,’’ he said.

Out of about 1.08 lakh beneficiaries, 97,816 accounts were already linked with Aadhar, he said.

Source: thehindubusinessline

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