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IndusInd Bank forays into Boisar

Posted On: 2019-03-18 10:53:49

IndusInd Bank today inaugurated a branch in Boisar, an upcoming industrial area situated in the Palghar district of Maharashtra. This is the Bank's first branch in this region and is located in the Ostwal Empire building at Boisar (West). The branch will house an ATM that will be operational 24X7. With this, the Bank now has a wide network of over 175 branches across Maharashtra.

The new branch was inaugurated by Mr. Tulsani Thakur, President, GR Engineering, a Mumbai based engineering firm. The inauguration ceremony was also graced by several other senior officials of IndusInd Bank.
Speaking on the inauguration of the branch, Mr. Soumitra Sen, Head - Branch Banking, IndusInd Bank said, "We are happy to inaugurate a branch in Boisar, a rapidly transforming industrial area and a constantly evolving market for the Bank. This aligns with the Bank's strategy to aid the financial acceleration that the country is presently on. As we expand into deeper geographies to serve the local populace, we look forward to bring a whole new world of convenience and flexibility to customers."

The new branch will provide services like Saving & Current Accounts, Loan products, Wealth Management and Credit cards Additionally, it will also offer innovative facilities like 'Video Branch', 'My Account, My Number', 'choice Money ATM', 'Direct connect', 'Check on cheque', 'Cash on Mobile' as well as 'Finger Print' banking.

The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centre, internet banking and an innovative social banking platform called 'OnTheGo', which offers suite of banking services through multiple-social networks as an extension to its digital services.

Shares of INDUSIND BANK LTD. was last trading in BSE at Rs.1700.75 as compared to the previous close of Rs. 1682.8. The total number of shares traded during the day was 194354 in over 5765 trades.

The stock hit an intraday high of Rs. 1718.2 and intraday low of 1685.05. The net turnover during the day was Rs. 331761481.


Source: Equity Bulls

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