UTI Bank chalks out major expansion

Mumbai: UTI Bank plans to add another 200 ATMs, 20 branches and around five extension counters in the next fiscal.

The bank currently has a network of 106 branches, 27 extension counters and 456 ATMs. The branches are spread across over 50 centres. It recently opened a new branch at Koparli Road in Vapi, Gujarat, according to a bank press release.

In the current financial year, the bank has signed a memorandum of understanding with the postal department for the purpose of providing value-added services to the customers of both the organisations.