91pc bank branches go online

Around 91 per cent of the all bank branches of the country are now equipped with online facilities.

One hundred per cent branches of private and foreign banks have gone online, while 99.30 per cent of branches of the state-owned commercial banks have similar facilities.

Only 27 per cent of some 1415 branches went online at the end of 2018, according to the latest statistics of the central bank.

As a result, the ratio of total online branches stood at 90.79 per cent at the end of the past year.

Total number bank branches at the end of 2018 stood at 10254, with 9,310 of them having online facilities.

At the end of 2017, the number of bank branches was 10,034, of which 79.38 per cent or 7,965 branches were equipped with online facilities.