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HDFC Bank opens 100 new branches across India

BNE News Desk , December 16, 2022
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Mumbai: Private sector lender, HDFC Bank has opened 100 new branches across India.

The new branches were opened in 83 cities/towns spread across 15 states and Union Territories. Nearly 50% of these branches are in semi-urban and rural geographies, a statement from the bank said.

The new branches were digitally launched by the bank's MD and CEO, Mr. Sashidhar Jagdishan. Senior bank officials from Madhya Pradesh were also present.

Commenting on the new branches, Mr. Arvind Vohra, Group Head – Retail Branch Banking, HDFC Bank, said: " We will continue to open more branches in coming months, making quality banking products and services available across the country."

The bank has opened 425 retail branches and four digital banking units in the current financial year.

At the end of December 15, 2022, the bank's distribution network comprised of 6,762 retail branches, four digital banking units, and 17,076 ATMs across 3,279 cities/towns.

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