Bank of Maharashtra upbeat on TS, to grow footprint
The Hindu
Ample opportunities, good support from State government, says Executive Director
Bank of Maharashtra (BoM) is planning to open nine branches in five districts across Telangana by March as part of its emphasis on sharpening focus on the State.
“Telangana is where we see good business opportunity. Hyderabad is known for IT, pharma... lot of infrastructure is being developed,” Executive Director A.B. Vijayakumar said, adding the branch expansion is in line with BoM’s stress on having a branch in each district of the country.
“We have got 38 branches in Telangana, of which 19 are in Hyderabad. We are yet to open a branch in 17 districts... plan to open at least 9 branches in five districts by March 2022,” he said during his visit to the city recently.