UCO Bank to increase ATM count
By Ankit Sharma
Jul 19, 2011
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Public sector lender UCO Bank is harboring ambitious plans to increase its ATM count in the country. The bank aims to take its network to 3000 ATMs by 2013.

The present ATM count of the bank stands at 681, informed a top bank official. By the end of this fiscal, it aims it ATM count to reach 1500.

It has also come up with a scheme called 'total freedom' in a bid to increase the share of its CASA deposits.

The bank plans that by the end of 2012, the CASA share should reach 35% from 24% presently.

"We are targeting 25 lakh accountholders under the ‘Total Freedom' campaign," Mr S. Rajaram, Field General Manager, UCO Bank said.


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