branch expansion

Mumbai, March 31 Private sector lender RBL Bank announced on Tuesday that it plans to open 200 branches in FY27 to expand its network to over 800 branches.The lender launched 23 new branches across various states on Tuesday, bringing its total branch size to over 603, according to a statement...

Chennai, March 25 Sundaram Home Finance aims to set up five branches under its emerging business segment in South Tamil Nadu, as it aims to generate Rs 200 crore in disbursements in the region next year.The Chennai-based company recently inaugurated two new branches in the emerging business...

New Delhi, March 19 Shubham Housing Development Finance, a provider of affordable housing finance, has raised USD 96 million (approximately Rs 870 crore) from existing investor LeapFrog Investments and others, including Creador.The transaction strengthens Shubham's future growth with a strong...

Tuticorin, (Tamil Nadu), February 27 Tamilnad Mercantile Bank, a private sector bank, announced on Friday that it has expanded its operations with the opening of four new branches across the state.The new branches in Melaiyur (Mayiladuthurai), Ponnamaravathi (Pudukottai), Chinna Salem...

Mumbai, February 11 Tamilnad Mercantile Bank will reallocate more than half of its staff towards sales as it shifts its focus from maintaining long-standing customer relationships to increasing revenues, a top official said.This will be done through technology-led investments, which will lead...