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Can Fin Homes Ltd, a housing finance company, is looking at branch expansion for market penetration.
“The bank is planning to increase the number of branches to about 85 by the end of this financial year (2013-14). At the end of pervious fiscal branch network stood at 69,” said C Ilango, Managing Director, Can Fin Homes.
“The additional branch network is expected to provide increased market penetration to cater to the evolving needs of our existing customers and tapping a growing potential customer base in tier II and III towns in the country,” he added.
On the company’s performance, Ilango said: “We expect to maintain a sustained growth in performance levels during this fiscal as we have put in place certain facilities such as core banking platform in all branches,” he explained.
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