The Uttarakhand Gramin Bank opened eight new branches on the weekend in various rural parts of the State. These eight branches are located at lalpur (Pauri district), Vikas Bhawan Pauri, Guptkashi in Rudraprayag district in the Garhwal region and Chadayal Nayabad, Teenpani, Tanda Mallu — all in Nainital district, Kanjabagh and Sitarganj in Udham Singh Nagar district.
Uttarakhand Gramin Bank chairman Yashpal Arora informed that the UGB was formed with the merger of Uttaranchal Gramin Bank and the Nainital Almora Regional Rural Bank in November 2012. With the eight new branches the bank now has a total of 237 branches to provide banking facilities aided with necessary technology to the residents of rural areas in Uttarakhand. The UGB also provided banking facilities to citizens in the remote rural areas of the State.
In addition to its branches, the bank also provides banking facilities for financial inclusion in remote rural areas through its business correspondents, added Arora.