IndusInd Bank inaugurates a branch in Jodhpur, its 100th in Rajasthan

IndusInd Bank, today inaugurated a branch in Jodhpur, the second largest city of Rajasthan. The new branch is located on Pal Road which is one of the prime neighbourhoods of the city. With this, the Bank has now expanded its network to 100 branches across Rajasthan.

The new branch was inaugurated by Mr. Sunil Parihar, Director, Rajasthan State Industrial Development and Investment Corporation Ltd (RIICO), a premier agency of the Government of Rajasthan that has played an important role in the industrial development of the state, in the presence of Mr. Mukesh Kumar Kalal, Additional Collector, Jodhpur. 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 Jodhpur which is our sixth in the city. With this, we have now expanded our footprint to 100 branches across Rajasthan which is a testament to the potential that this market holds 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. 1053.85 as compared to the previous close of Rs. 1036.5. The total number of shares traded during the day was 199179 in over 6963 trades.

The stock hit an intraday high of Rs. 1061.4 and intraday low of 1027.7. The net turnover during the day was Rs. 208511462.

Source : Equity Bulls

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