AP State Co-op Bank to be headquartered in Amravati

Andhra Pradesh State Cooperative Bank (APCOB) has decided to establish branches in all 13 districts to expand its business activities.

The bank which controls all District Cooperative Central Banks (DCCBs) has so far not focused on developing its own business activities although it provided lending facility to a few sugar factories in the State, according to Hindu.

APCOB Chairman says the bank has sought 10 acres of land in Amaravati for construction of its new headquarters along with training centre and houses for staff.

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