Kolkata: UCO Bank on Monday said it has tied up with Religare Securities to offer online trading to its customers as part of expanding the product bouquet with drawing many ambitious expansion plans.

"We are looking forward for greater brand recall of the bank and adding new facilities like mobile banking and internet trading facility to customers," UCO Bank Executive Director Ajai Rai said here on the sidelines of signing the MoU with Religare.

Kumar said the bank has planned to open 800 new branches and 2,400 ATMs across the country in the next two years for stronger presence.

The bank would surpass the Rs 2.45 lakh crore business targets for 2010-11, with 20 per cent growth in credit and 18 per cent in deposit, Kumar said.

The bank has as many as 2,200 bank branches and 600 ATMs across country as of now.

Speaking about the tie up, Religare CEO Gagan Randev said it was the eighth bank and the alliance would go a long way in generating business in future.

(Agencies)