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Hyderabad, July 18

The Hyderabad region of UCO Bank is planning to open two mid-corporate branches, one at M.G. Road in Secunderabad and the other at Banjara Hills in Hyderabad. These branches are aimed at catering to the needs of high-class customers having requirement of funds of Rs 3 crore to Rs 50 crore, a press release here said.

At present, the bank has five flagship branches that deal with customers having requirement of funds of Rs 50 crore and above. It has 21 mid-corporate branches. The bank also has 63 retail and small enterprise branches that cater to customers' requirements of up to Rs 3 crore, the release said.

(This article was published in the Business Line print edition dated July 19, 2006)
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