UCO Bank today said it will open 100 mobile branches across the country to make mobile banking services available to the people within a year.
"We will launch a full-fledged mobile branch equipped with ATM facility at Amethi on January 26. The scheme will envisage setting up of 100 such branches across the country within a year," UCO Bank Chairman and Managing Director S K Goel said here today.
"The purpose is not only to expand our branches, but to achieve maximum financial inclusion," Goel told reporters at the bank's 67th foundation day.
Goel said the bank's growth in advances was 22.05 per cent and deposit 19.77 per cent as on December 31 during the period when the its business grew by 20.70 per cent.
UCO bank's total branches in the country stood at 2,150, he said.
Goel said the United Commercial Bank Ltd, now UCO Bank was founded by late G D Birla on January six, 1943.
