KD NEWS SERVICE
SRINAGAR, Aug 14: UCO Bank, one of India’s leading public sector banks, has further strengthened its footprint in Jammu and Kashmir by inaugurating a new branch in Budgam, Srinagar. The newly opened branch aims to cater to the growing demand for banking services in the region, offering a wide array of financial products and services to both retail and institutional customers.
The Budgam branch was inaugurated in a virtual ceremony by Shri Ashwini Kumar, the Managing Director and Chief Executive Officer of UCO Bank. The event was attended by key bank officials, including Shri Rahul Ranjan, the Zonal Head, alongside esteemed customers and other dignitaries.
In his address during the inauguration, Shri Ashwini Kumar expressed his enthusiasm about the new branch’s opening. “We are very happy to inaugurate our new branch in Budgam (Srinagar). We have witnessed the increasing demand for banking services and products among retail and institutional customers in Srinagar, and to bridge this gap, we have expanded our existing network to cater to customers and enhance their overall banking experience,” he stated.
The Budgam branch will provide a comprehensive range of banking services, including savings and current accounts, deposits, and various loan products. It will also cater to the specific needs of its clientele by offering specialized financial services and unique products tailored to the region’s demands. The branch aims to consistently introduce innovative products and services to meet the evolving needs of its customers.
Shri Rahul Ranjan, Zonal Head of UCO Bank, highlighted the bank’s ongoing efforts to expand its presence in Jammu and Kashmir. “With the opening of this branch, UCO Bank now has a total of five branches in the Kashmir Valley and 21 branches across the Union Territory of Jammu and Kashmir. We are continuously expanding our presence in the region, which will enable us to provide better customer services and attract a new customer base,” he said. He further expressed hope that the bank would receive strong support from the Srinagar community, encouraging further expansion in the area.
The inauguration concluded with a vote of thanks to all the dignitaries and attendees, marking the beginning of UCO Bank’s enhanced services in Budgam and its commitment to serving the banking needs of the region.
