MoneyWorks4Me

Central Bank of India opens ultra small branch in Muduchintapalli

19 Sep 2013 Evaluate

Central Bank of India has opened an Ultra Small Branch (USB) in Muduchintapalli (Lingapur) which is having 433 households with a population of 2075 under its Aliabad Branch under Ranga Reddy District to offer the banking services at the door step of the villagers.  Further, the Bank has issued consent letters to various beneficiaries to the extent of Rs 1.50 crore under Self Help Groups, Kisan Credit cards, SME etc.  The function was attended by the villagers from in and around 10 to 15 villages.

Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,118 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).

Peers
Company Name CMP
State Bank Of India 949.05
PNB 116.80
Bank Of Baroda 238.20
Canara Bank 119.70
Union Bank Of India 173.60
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