Addressing media persons at the Bank Head Office soon after an extraordinary general meeting here on Wednesday, he said the Bank plans to take the tally to 430 from the existing 411.

“The Bank will be opening branches shortly at Warangal, Raigarh, Navi Mumbai,  Aurangabad, Bareilly, Haridwar, Cuttack, Devanahalli, Marathahalli-Bangalore and Dadar-Mumbai,” he said and added that all the 411 branches of the Bank have been brought under the Core Banking Solution to facilitate ‘Anytime/Anywhere’ Banking and thereby covering 100% of its business.

Similarly, the Bank which has 117 ATMs of its own proposes to increase the ATM outlets to 150 before March 2008, he added.

The Bank which is eying a business turnover of Rs 28,500 crore for the current fiscal, plans to double its business in three years, Mr Ananthakrishna said and added that the total turnover as at September 07 was Rs 25,001 crore with deposits of Rs 15,161 crore and advances of Rs 9,840 crore.

At the same time, the Capital Adequacy Ratio as at September 2007 stood at 13.03% which is well above the RBI stipulated limit of 9%.Meanwhile, the return on assets of the bank was 1.34% and net NPA was 1.12% as on September 30, 2007, he informed.

The Bank’s future plan includes introduction of online booking of airline ticket through internet banking and online trading facility among others, he said.

Chief General Manager Jayaram Bhat, General Managers G K Bhat, N S Chakkera and K H Shivaswamy Aithal were present.