Public sector lender, Oriental Bank of Commerce is planning to shove away all of its redundant branches. The redundancy arose as a result of its merger with Global Trust Bank.

As a result of this step, the bank sees its current and savings account (CASA) ratio improve by a significant amount, said a top official of the bank.

"Thanks to the merger of GTB with our bank, there is certain redundancy in the branch network. We want to combine businesses of some branches and under the RBI's relaxed licences policy, use these licences for opening branches in residential areas that are not represented. That will help improve our CASA," Mr Nagesh Pydah, Chairman and Managing Director, Oriental Bank of Commerce said.

The task has already begun, and "in the next 90 days you will see a substantial difference," he said.

Redundancy in a branch sets in when it has reached a particular age and its growth curve stops showing upward climb and becomes plateaued.

The present branch count of the bank figures to 1608 and it has 1200 ATMs.