Friday, August 24, 2012

Union Bank plans to increase branches to 3,500,ATMS to 5,000


State-owned Union Bank of India today said it plans to expand its domestic and international presence by increasing number of branches and ATMs by this fiscal-end. 

"We plan to increase our branches from around 3,200 to 3,500 and the ATMs by 5,000 from the present 4,000-odd, both by March, 2013," Union Bank Chairman and Managing Director D Sarkar told reporters here. 

Sarkar was here to inaugurate the bank's 161st 'Union Xperience' branch, which involves a better ambience and more automation, and touted as a 'flagship project'.

On the latest Xperience branch inaugurated here, he said it will have a round-the-clock Self Service Lobby with various automation machines like self-service passbook printer, cheque deposit machine and phone banking terminal. 

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