HDFC Bank intends to open new 250 more branches in the next 2 years.
The bank will now focus on widening its base in semi urban and rural regions of the country. The bank will shortly be conducting 150 loan camps in the country.
The present branch network of the country includes 1,725 branches and 4,393 ATMs across 780 cities.
Aditya Puri, MD of HDFC Bank Ltd, said, “We are planning to open 250 new branches across the country in the next two years, including 11 branches in North Maharashtra. In Nashik district, the bank has identified three locations-Nashik city, Dindori and Satana”.
He added, “Rural India has witnessed remarkable transformation over the past two decades. Today, around 40 per cent sales of automobile industry come from rural areas and customer base of the telecom industry is also increasing here substantially. Considering the future growth of semi-urban and rural India, the bank has decided to give major thrust on semi-urban and rural areas of the country. As part of this, we are organizing 150 loan camps in rural areas of the country and we have started this campaign from Pimpalgaon in Nashik district”.