Banks are on a branch expansion spree in a bid to increase their presence pan nation.

Primarily the public sector lenders are the one that are on the expansion spree but even the private sector lenders are pacing it up. Private sector lender Karur Vysya Bank has announced to open eight new branches.

n the present fiscal year the bank has already added 59 new branches. The branch count of the bank will read 426 after including those 8 branches.