Foreign player, Standard Chartered Bank has said that it would be setting up 100 express banking centers in the country this fiscal.

The bank has recently raised capital worth Rs. 2,490 crore through Indian Depository Receipts (IDRs).

Express Banking centers refer to those sites having ATMs along with additional facility like electronic cheque deposit box, transfer funds facility and self-service counter for other services.

These centers would actually make everyday banking easy to access for customers in a pleasing environment, the bank said.

The bank added that these centers would be set up in close proximity to customers' homes and offices thereby growing the hold of the bank in the customer segment. It includes a mobile version as well.

The first 27 centers are already in use and by the end of June, over 50 centers would be coming in activity.