RBL Bank plans to open 200 branches in FY27

Mumbai, Mar 31 (PTI) Private sector lender RBL Bank on Tuesday said it is planning to open 200 branches in FY27 to take its network to over 800 branches.

The lender launched 23 new branches across many states on Tuesday to take its overall branch size to over 603, as per a statement.

Eyeing the diaspora-related business, the bank said 13 of the 23 newly opened branches are in Keralam, the statement said.

***** Niyo aims to increase share in outbound forex market to 10-15 pc over 18 months * Fintech firm Niyo said it is targeting to increase its share in the country’s USD 45-billion outbound forex market to 10-15 per cent over the next 18 months and is strengthening distribution with the same objective.

The company is targeting to increase the number

of branches to 50 across the country, and launched an outlet in Chennai, which has strong diaspora linkages, on Tuesday, as per a statement.

***** DBS India launches ‘DBS Aspire’ for emerging affluent segment * DBS India, the local unit of the Singaporean lender, on Tuesday launched a new proposition for the emerging affluent segment.

‘DBS Aspire’ comes with a slew of features, and is open for those with a total relationship value of Rs 10 lakh or a minimum monthly savings account average balance of Rs 2 lakh, the company said in a statement. PTI AA TRB