Syndicate Bank has opened a new branch at Nagaram, Keesara Road here.
A.S. Rao, Regional Director, Reserve Bank of India, Hyderabad had inaugurated the branch in the presence of M. Anjaneya Prasad, Executive Director, Syndicate Bank.
Speaking on the occasion, Rao said Syndicate Bank was a ‘pioneer’ in schemes pertaining to agricultural advances, Government-sponsored schemes, among others.
He urged the people to procure Aadhaar cards to be linked to the accounts with the bank.
M. Anjaneya said his bank had the highest number of branches in Andhra Pradesh next to Karnataka.
The bank also crossed the business level of Rs 3 lakh crore as on December 31, 2012 and entered the league of large banks, he added.