Allahabad Bank to step up focus on South Indian States

Allahabad Bank, a kolkata headquartered nationalized bank, is planning to increase its presence on south Indian states, according to its Chairman and Managing Director, Mr J.P. Dua.

Mr Dua said that in the next couple of years, the number of branches in Andhra Pradesh, Tamil Nadu, Karnataka and Kerala would be increased.

The southern presence of the the bank is low as it has only 148 branches in the South out of a total of 2,536 branches. In Andhra Pradesh alone, 20 new branches would be opened in the next one year, he said.

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