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SBBJ plans additional branch in Coimbatore

COIMBATORE : The State Bank of Bikaner and Jaipur (SBBJ) plans to open one more branch in Coimbatore and Tirupur this year. In a release from its Chief General Manager, M. Ramasamy, the bank proposes a regional office in Chennai. Of its 834 branches, 13 are in South India — four in Andhra Pradesh, three in Karnataka, five in Tamil Nadu and one in Kerala. "We have planned a business growth of Rs. 500 crore from these branches for 2006-07," Mr. Ramasamy said. The thrust would be on personal segment lending, trade finance and providing finance to small and medium-scale units and agriculture.

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