HDFC Bank plans to open 50 new branches in Karnataka by the end of next fiscal.
The proposed expansion includes the districts of Chamarajnagar and Kolar, where the bank does not have any branches, HDFC Bank Branch Banking Head (South) Dhiraj Relli told reporters here today.
“By March 31, 2014, we plan to have 200 branches in Karnataka (from the current 150),” he said, adding that the bank sees huge potential in rural and semi-urban areas’’.
The country’s second largest private sector bank opened its 150th branch in Karnataka’s Dakshina Kannada district’s town of Sullia today.
At present, the bank has 1,069 ATMs across Karnataka, including 874 here.