Mumbai, Oct 17: In a move to provide greater accessibilty to its customers, Union Bank of India (UBI) plans to add over 200 branches across the country by the end of this fiscal.
The Bank today said it has approved the plan for setting up new branches in various regions of the counry. On an expansion drive and having opened 124 branches last fiscal, UBI has chosen the organic route for growth, the Bank said in a press release here today.
With the economy expected to grow at unprecedented levels, there is a growing need for banking products and services in many parts of the country. It is in anticipation of this need, that UBI has planned to add more than 200 branches during this fiscal, the release said.