United Bank of India to open 7 more branches in State

BHUBANESWAR: United Bank of India (UBI) would open seven more branches in the State by March 2013, said Chairman and Managing Director of the bank Bhaskar Sen while inaugurating the bank’s own regional office building here on Wednesday. The bank would open its new branches at KIIT and Aiginia in the city, Phulnakhara in Cuttack, Premnagar in Brahmapur, Bhadrak, Barbil and Korukonda in Malkangiri, he informed.

Sen mentioned that the bank would take part in all Government sponsored schemes, poverty alleviation programmes as well as extending banking facilities to unbanked villages under Financial Inclusion Plan of the State. Referring to branch expansion plan, Sen said the bank has opened 20 branches during the last three years in the State. The bank has already opened three branches during the current year. The bank has 119 branches in the State that comes under two regional offices at Bhubaneswar and Sambalpur, Sen informed.  

Among others, RBI’s Regional Director V Rama Chandra Rao, Chief General Manager, NABARD, KK Gupta, UBI Executive Director Deepak Narang, Sanjay Arya, all the directors of the bank and senior executives of the bank were present.