Chennai, Mar 28 (PTI) Private sector Axis Bank plans to set up 350 branches in the 2011-12 fiscal to take its products and services to more customers across the country, a top bank official said here today.
"Axis Bank is focused on taking its products and services into the farthest corners of the country. The Bank, to grow its network plans to open 350 branches across the country by this fiscal end and we are well on course to achieve the target", Axis Bank Deputy Managing Director S K Chakrabarti said in a statement.
By end of this fiscal, ending March 31, Axis Bank would have 1,300 branches and over 5,900 ATMs across the country.
Chakrabarti said the bank plans to open 22 branches in Tamil Nadu, taking the total number of branches to 124 by this month end.
Currently, Axis Bank has a customer base of 1.50 crore. Its market capitalisation as of March 28 was Rs 56,711 crore.
The bank also has a presence in Singapore, Hong Kong, Shanghai and Dubai.
"Axis Bank is focused on taking its products and services into the farthest corners of the country. The Bank, to grow its network plans to open 350 branches across the country by this fiscal end and we are well on course to achieve the target", Axis Bank Deputy Managing Director S K Chakrabarti said in a statement.
By end of this fiscal, ending March 31, Axis Bank would have 1,300 branches and over 5,900 ATMs across the country.
Chakrabarti said the bank plans to open 22 branches in Tamil Nadu, taking the total number of branches to 124 by this month end.
Currently, Axis Bank has a customer base of 1.50 crore. Its market capitalisation as of March 28 was Rs 56,711 crore.
The bank also has a presence in Singapore, Hong Kong, Shanghai and Dubai.
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