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UCO Bank eyeing Rs 3.5 lakh cr biz by March 2013.
Byline: Our Bureau
To scale up branch, ATM networks
Kolkata-headquartered UCO Bank plans to increase its business by Rs 1 lakh crore to Rs 3.5 lakh crore by March 2013 by getting existing branches to do more business and adding branches, according to a top management-grade official.
The public sector bank's long-term target is to have a business (deposits plus advances) of Rs 6 lakh crore (March 2016),
UCO Bank currently has 2,239 branches, which it plans to enhance to 3,000 by March 2013. It will increase its branch network to 4,000 by 2016.
On the ATM front, the bank will ramp up the network to 3,000 by March 2013 and to 5,000 by March …
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