.....Andhra Pradesh Grameena Vikas Bank (APGVB) has opened 125 ultra-small branches across the State on Tuesday. With this the total number of ultra-small branches (USBs) of the State Bank of India-sponsored regional rural bank now stands at 230. “We are proposing to open another 170 ultra-small branches to take the total tally of 400 by March 2013,’’ K. Lakshmana Rao, Chairman, APGVB, said in a release. These branches are likely to be converted into full-pledged branches after attaining a sizable business volume according to the Reserve Bank of India guidelines.......
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