The total business of the Union Bank of India in the State has increased by 24.93 per cent in 2014-15 in comparison to previous year, informed bank CMD Arun Tiwari at a function held at K Bentapur in Angul on Saturday.
The bank’s thrust area in the State is MSME, retail and agriculture and priority sector. Under the PMJDY, the bank has opened 1, 15,578 accounts as on March 31, 2015 covering 839 villages allotted by the SlBC. All districts allotted to the bank have been covered under the scheme.
On the occasion, Tiwari distributed Ru-Pay debit cards and passbooks to eligible PMJDY account holders. Bank’s Field General Manager, Kolkata Sunil Gupta and DGM of Bhubaneswar region VK Srivastava were also present.
Notably, the bank has two regional offices in the State, one in Bhubaneswar and another in Sambalpur covering 15 districts, each. The total number of branches the State stands at 118 spreading over 30 districts.