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HDFC Bank mulling setting up 10 new branches in MP

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Press Trust of India Indore
Leading private sector lender HDFC Bank is planning to set up 10 new branches in Madhya Pradesh as part of its expansion plan.

"At present we have 130 branches in MP and in current financial year we are planning to open 8-10 new branches in the state," HDFC Madhya Pradesh Unit Zonal Head, Sudesh Jaysinghani told PTI.

He informed that the places identified for the purpose include Anjad and Shajapur.

The bank has 52 branches in semi-urban and rural areas and it has a customer base of six lakh account-holders in the state.

Under Corporate Social Responsibility (CSR) initiative, the bank is showing a film "Dhanchayat-Panch Kayde Ke Panch Fayde" in rural areas to aware people on the benefits of savings and investments, he added.
 

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First Published: Nov 08 2016 | 5:42 PM IST

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