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HDFC Bank inaugurates 11 mini branches in Andhra Pradesh

22 Aug 2013 Evaluate

HDFC Bank, the country’s second largest private sector bank has inaugurated 11 mini branches in rural locations across Andhra Pradesh. These mini branches comprising two persons will complement the bank’s existing traditional branch set up in the state. This branch aims to reach out to more people in rural geographies.

With this initiative, bank aims to bring 10 million families (40 million Indians) within the banking fold. After opening these branches bank now has 25 two-person branches in the state, which takes the total number of branches in Andhra Pradesh to 228.

Peers
Company Name CMP
HDFC Bank 730.90
ICICI Bank 1314.45
Axis Bank 1221.25
Kotak Mahindra Bank 416.70
Indusind Bank 910.75
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