Stock Report

IndusInd Bank inaugurates a branch in Tirunelveli, Tamil Nadu



Posted On : 2021-08-03 12:43:45( TIMEZONE : IST )

IndusInd Bank inaugurates a branch in Tirunelveli, Tamil Nadu

IndusInd Bank today inaugurated a branch in the city of Tirunelveli, the sixth largest municipal corporation in the state of Tamil Nadu. The new branch marks IndusInd Bank's foray into the city, thereby expanding its network to 99 branches across Tamil Nadu.

The new branch was inaugurated by Shri Nainar Nagendran, Member of Legislative Assembly, Tirunelveli Constituency and Legislative Party Leader & State Vice President, BJP Tamil Nadu, in the presence of Mr. Gunasingh Chelladurai, Owner of Bell Group of Companies & President - Tirunelveli District Chamber of Commerce & Industry (TDCCI). The inauguration ceremony was also graced by senior officials of IndusInd Bank.

Speaking on the inauguration, Mr. Soumitra Sen, Head - Consumer Bank, IndusInd Bank said, "We are happy to inaugurate a new branch in Tirunelveli which is an evolving market for the Bank. The new branch aims to deepen relationships and attract new customers, thus strengthening IndusInd Bank's client base across the region. As we expand our reach to serve the local populace, we look forward to bring a whole new world of convenience and flexibility to customers."

The new branch will house an ATM that will be available 24X7 and provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards. Additionally, it will offer customers with 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 offer a 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. 987.95 as compared to the previous close of Rs. 981. The total number of shares traded during the day was 87452 in over 2563 trades.

The stock hit an intraday high of Rs. 996.95 and intraday low of 985. The net turnover during the day was Rs. 86804984.

Source : Equity Bulls

Keywords