Multiple choice

Between 08 and 09 end bank branches would grow by

What are the expansion plans of the bank?

We should be close to 250 branches by end 2008, and up to 275 branches by the end FY-09. Our broad break up of branches is 40:35:20:5 for west, north, south and east respectively

  1. 5%

  2. 10%

  3. 15%

  4. 20%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The bank plans to have 250 branches by the end of 2008 and 275 by the end of FY-09. The growth is 25 branches (275 - 250), which is a 10% increase over the 250 base (25 / 250 = 0.10).

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