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10,000 bank branches a year - P Chidambaram

Posted on: 12/Jan/2014 10:30:53 AM
As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, said Union finance minister P Chidambaram.

Earlier, there was a target to open 7,000 bank branches a year. From the coming financial year, it has been revised to open 10,000 branches a year, Through this, an additional 55,000 new jobs would be created, the minister said.

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