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Money & Banking - Public Sector Banks
States - Andhra Pradesh
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Oriental Bank opens branch in Secunderabad

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Hyderabad, Sept. 28 Oriental Bank of Commerce recently opened a new branch at East Marredpally, Secunderabad. Speaking on the occasion Mr J.M.A. David, General Manager, said the bank’s business was registering significant growth in Hyderabad.

During 2008-09, the total business of the Hyderabad region grew by 20 per cent to reach Rs 6,100 crore compared with the year-ago period. Deposits grew by 17.48 per cent at Rs 3,145 crore, while advances increased 23 per cent at Rs 2,935 crore. The region has a network of 50 branches and 100 ATMs in the State.

More Stories on : Public Sector Banks | Oriental Bank of Commerce | Andhra Pradesh

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