Kumari Palany & Co

IDBI Bank plans to add 600 branches, 700 ATMs

Posted on: 26/May/2014 10:17:12 AM
IDBI Bank plans to add 600 branches this fiscal, Deputy Managing Director, BK Batra, said.

In 2013-14, the public sector bank had added nearly 400 branches, taking the overall size of the network as at end-March to 1,400 branches, he said.

IDBI Bank, which is completing 10 years of existence as a commercial bank this year, will look to add another 700 automated teller machines during this fiscal, Batra told.

As on date, IDBI Bank has a network of 2,300 ATMs, which is now proposed to be enhanced to 3,000 this fiscal.