Within next two years Public sector bank – Indian Bank has decided to establish 100 new branches in Andhra Pradesh and Telangana. Last day the Chairman and managing director of the bank T M Bhasin announced their plan at the inauguration ceremony of the new branch of the bank at Banjara Hills branch and an ATM.
Further Mr. Bhasin also stated that the new branches will help to promote the development and business of the bank. Currently the bank is doing a business of Rs 25,000 crore with the help of 300 branches in the two states. Now by the end of next two years bank will have 500 branches in the two states.