Yennemadi told The Financial Express, "The bank is currerntly on an expansion binge and we will open 40 more branches across the length and breadth of the country taking the number of branches to 100 by the end of the fiscal". The bank is presently in the process of locating suitable properties in various cities, he added. So far, the bank has identified 12 cities in the South and 16 cities in the North.