Last day one of the largest bank of the country Centra Bank of India initiated its new regional office in Warangal in Telangana. The new office is inaugurated by the executive director of the bank Mr. B.K Divakara. This new region will cover 7 districts of Adilabad, Nizamabad, Medak, Karimnagar, Khammam, Nalgonda and Warangal. Further at present 33 more branches will also be covered under this region. The bank is planning to startup with 6 more such branches. In this region there is business of around of rs 1,130 crore including deposits of Rs 396 crore and loans of Rs 734 crore.
Currently there are 321 branches in Hyderabad zone. The Hyderabad zone is having six regions that covers Andhra Pradesh and Karnataka. This zone is having a business of around Rs 30,793 crore.