HDFC Bank has announced that it will open 150 new branches across Uttar Pradesh this year. This will create more than 1,000 direct jobs.
The majority of these branches will be opened in rural areas, said Akhilesh Kumar Roy, branch banking head of UP, HDFC Bank.
Akhilesh said, “We are committed to supporting the state’s economy by opening of new bank branches. While the new branches will generate direct employment for 1,000 people, a number of indirect jobs will also be added.”
He added, “We adopt rural villages for a duration of around five years. During this period we invest in developing infrastructure like overhead water tanks, street lights, schools and science parks in these villages.”
As the majority of branches will be opened in rural areas making HDFC Bank the “banking head of UP”. Akhilesh has also claimed that the bank has opened over 170 new branches in the state in the last financial year.
Also, the lenders have completed its target of implementing all the state and central governments’ financial schemes.