Eyeing a bigger share in the domestic market, the Bank of Rajasthan will ramp up operations and is planning to raise Rs 250 crore by way of private equity placements for funding expansion. The bank plans to scale up its presence in the domestic market and has sought RBI approval to open 30-35 branches in FY’09, taking its total branch strength to around 500 from the current 463, bank’s managing director and CEO, Mr P.L. Ahuja, said. With a view to finance its expansion programmes, the bank is looking at raising around Rs 250 crore.(Asian Age)