Finance Minister P Chidambaram today said there was a rising demand for opening bank branches and expressed confidence the bankers would respond positively to it.
"Bank branches are important for many reasons. People complain that they cannot open their bank account..if there is no bank branch say within 10 kilometre how do you open a bank account," Chidambaram said while inaugurating 300 new branches in Uttar Pradesh.
"Without bank branch how do you reach to the people to mobilise their savings. I am very happy that now there is a rising demand to open a bank branch in our towns and villages. I am sure that the bankers will respond to it," he added.
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