India, May 21 -- Central Bank of India plans to open 150 branches across the country and also increase its headcount by about 1,400 during the ongoing fiscal to meet its growth target, the bank MD and CEO, Kalyan Kumar, said.

The bank currently has 4,585 branches across all 28 states and six of the seven Union Territories. About 65 per cent of the bank's branches are in rural and semi-urban areas of the country.

"As far as branch expansion is concerned, we are going to open about 150 branches in the current fiscal and for which we have obtained approval from the board," he told PTI in an interview.

Speaking on human resources argumentation, Kumar said, human asset is the most important driver of business and the bank is going to add a ...