UCO Bank refurbished branch opened

Hyderabad: UCO Bank is all set to hire 820 people all over India by the end of this financial year. Out of them, 350 persons will be deployed at the new branches and the remaining 470 will be working at field operations. The Kolkata-based bank has the youngest workforce with an average age of 35 years, said Soma Sankara Prasad, MD & CEO of the bank.

He was here on Saturday to inaugurate a refurbished branch in the city. He said, "Over 22,000 employees and 4,000 banking correspondents are currently working for UCO Bank across India. The 79-year-old bank has more than 3,000 branches all over the country and it is going to open 200 new branches in a year. Among them, 20 branches will be opened in Telangana and Andhra Pradesh. The new branches shall achieve breakeven within one-and-half years of setting up."