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Utkarsh Small Finance Bank extends network to 737 branches with 22 new outlets

Updated: Sep 24, 2022 08:22:02am
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Utkarsh Small Finance Bank extends network to 737 branches with 22 new outlets

New Delhi, Sept 24 (KNN) Utkarsh Small Finance Bank Limited (USFBL) has set up 22 new banking outlets across 11 states of India.

It includes Uttar Pradesh, Bihar, Jharkhand, Odisha, Karnataka, Gujarat, Haryana, Punjab, Rajasthan, Maharashtra and Puducherry.

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The launch took place during the bank’s 13th Foundation Day, taking the total number of branches to 737 spread across 23 states and union territories of the country. 

Inaugurating the new bank outlets, Govind Singh, MD and CEO of Utkarsh Small Finance Bank Limited said, “The inauguration of these branches significantly improves the access to financial products by the residents and entrepreneurs of every region in the country that the Bank has to offer.”

Out of these new 22 outlets, eight are in the state of Bihar, three in Jharkhand, two each in Rajasthan and Maharashtra and one each in Uttar Pradesh, Odisha, Karnataka, Gujarat, Haryana, Punjab and in the union territory Puducherry.

The bank aims to extend its reach and offer its financial services to several states and union territories through its new outlets.

The services USFBL provides includes wholesale lending, micro banking loans, MSME loans, housing loans, loan against property and other such loans.  (KNN Bureau)

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