Telangana-based Gayatri Cooperative Urban Bank, one of southern India’s leading urban cooperative banks, opened three new branches on the same day, expanding its network to 50 branches.
The new branches have been opened at Naspur, Kukatpally, and Palwancha of Telangana state.
The Kukatpally branch was inaugurated by retired RBI General Manager B.D. Prasada Rao, accompanied by YLNS Cooperative Urban Bank’s former Chairman Mandadi Venkat Reddy, Gayatri Cooperative Urban Bank Chairman Muthyala Laxman Reddy, Director B. Vijay, and other notable attendees.
The Palwancha branch was inaugurated by Kothagudem MLA Kunamneni Sambasiva Rao in the presence of Palwancha Municipality Commissioner Smt. K. Sujatha.
The bank is multi state having areas of operation in Andhra Pradesh but now also planning to expand its network in the states of Karnataka and Maharashtra.
The bank’s Chairman Muthyala Laxman Reddy and Chief Executive Officer Vanamala Srinivas thanked one and all who attended the branch inaugural functions.