To consolidate its position and strengthen its branch-network in northern India, R K Bammi, senior vice president (northern zone) of UTI Bank today said that the bank is planning to add 15 more new branches in the region during the current fiscal.UTI Bank today opened two new branches in Ludhiana and Hoshiarpur districts, taking the total number of branches in Punjab to 23. The bank is planning to open one more branch in the state by the end of this fiscal.Bammi added that in Punjab, the bank would concentrate on agricultural lending, and for this purpose it was widening its reach to the farming sector by opening more rural branches in the state."Currently, we have 8 rural branches in Punjab and plan to open one more rural branch at Samana village in Patiala district in this financial year," he added.
