The leading co-operative bank in Telangana- Gayatri Co-operative Urban Bank inaugurated its 58th branch in Pegadapalli last week. The event was graced by the bank’s Chairman Mutyala Lakshman Reddy, along with Board Directors, dignitaries, and bank employees.
In his address, Reddy highlighted the Bank’s growth since its establishment in 2000, reaching a total business of Rs 3,062.50 crore and serving over 7.62 lakh customers. He emphasized the Bank’s commitment to digital banking services, extended business hours, and customer-friendly initiatives.
CEO Shri Vanamala Srinivas reiterated the Bank’s focus on supporting rural and semi-urban communities, MSMEs, and digital banking expansion. He announced plans to open eight more branches by March 2025, further strengthening the bank’s presence in Telangana and Andhra Pradesh.
General Manager Smt. Srilatha encouraged women and farmers to utilize digital banking benefits, while AGM Sri Bingi Tirupati and Branch Head Sri Samalla Kavyanand urged locals to avail of the Bank’s financial services, including loans, subsidies, and pension disbursements.
The event was attended by Bank Directors, officials, and local dignitaries, marking another milestone in Gayatri Bank’s growth journey.
