As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, said Union finance minister P Chidambaram.
Earlier, there was a target to open 7,000 bank branches a year. From the coming financial year, it has been revised to open 10,000 branches a year, Through this, an additional 55,000 new jobs would be created, the minister said.