According to Mr. D.A. Joseph, Chief Manager, Central Bank of India is planning to open three more branches in Visakhapatnam , in addition to the existing six, as a part of its branch expansion.
He was speaking to reporters at the main branch here on 21st December after the inauguration of an on-site ATM by Dr S. Gopala Sastry, a freedom-fighter and customer of the bank. Mr Joseph said the three new branches would be located at Sabbavaram, Balayyasastri Layout and Sujatanagar. He said the ATM here was one among the 100 inaugurated today as a part of the centenary celebrations of the bank.
He said one more branch would be opened in Vizianagaram district at Garividi. All the 3,621 branches were networked as core banking solutions had been introduced, he added.
The deposits of the bank as on September 30 amounted to Rs 1,67,812 crore and the advances Rs 1,13,737 crore.
He said the bank was laying stress on financial inclusion and offering the latest technology-based services to the customers.
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