NEWS & ADVICE : SAVINGS ACCOUNTS
Allahabad Bank to grow its branches in Southern states
By Neelima Shankar
Jul 2, 2012
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Public sector lender Allahabad Bank has expressed its interest in further expanding its operations to southern states, stated the bank MD and Chairman Mr. J.P. Dua.

Mr. Dua who was present at innaguration of Nellore and Anantapur branches, said the bank is looking forward to increase the branches in the four southern states of Andhra Pradesh, Karnataka, Kerala, and Tamil Nadu.

Out of the bank's total 2,536 branches, only 148 are situated in the four states. The Kolkata based lender intends to add another 20 branches in next year. The bank did a turnover of Rs. 18,778 crore during the FY 11-12.


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