Andhra Bank plans to open 100 branches

As all the banks are on an expansion spree, Andhra Bank has also made sure that it is not left behind. The lender is planning to open 100 new braches outside Andhra Pradesh. The bank has already sent the proposal to Reserve Bank of India for approval.

The Chairman and Managing Director of the bank, Mr. R. Ramachandran said “In order to become a pan-India bank Andhra Bank has been steadily increasing its branches in the western, northern and eastern parts of the country during the last three years.”