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The Times of India
The Times of India
National
TNN

Nainital Bank celebrates 100th foundation day, to open 25 new branches

NAINITAL: Nainital Bank celebrated its 100th foundation day on Saturday and organised several events to pay tributes to its founding fathers, including Bharat Ratna Pt. Govind Ballabh Pant Ji.

A havan was organised in its head office in Nainital on July 30 while saplings were planted on Saturday. All Covid protocols were followed during the celebrations, said bank officials.

On the occasion, Dinesh Pant, MD & CEO of the bank, inaugurated its regional office, Haldwani, in a new premises. He mentioned that the bank was on a growth trajectory. Nainital Bank aims to open 25 new branches during the current financial year.

While addressing the gathering of the bank's customers, shareholders, stakeholders and staff members, Pant informed that the bank had already started the process for implementation of Finacle 10x platform, a state-of-the-art technology to compete with other tech-savvy banks. He added that the bank will increase its branches to 250 and its total business to Rs 20,000 crore by March 2025.

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