Abhipra plans branch expansion

Jaipur: Financial services company, Abhipra, will expand its branch strength from 72 to 700 across the country by the end of next financial year.

The expansion plans will be undertaken in tier II and tier III cities of which focus will be on Rajasthan, Madhya Pradesh, Punjab, Haryana, Uttaranchal and Himachal Pradesh. It will invest Rs. 50 crore for the expansion.

The company plans to open 50 branches in Rajasthan itself. Presently, it has 7 branches in the state. It is also planning to introduce new services like portfolio management system, rural insurance, investor fund advisory programme.