MoneyWorks4Me

IndusInd Bank expands footprint in Rajasthan

28 Apr 2014 Evaluate

IndusInd Bank, one of the fastest growing new-generation private sector banks in the country has expanded its footprint in Rajasthan through opening a new branch in the pink city-Jaipur. The new branch is located at The Solitaire C 212- 213, Gautam Marg, Vaishali Nagar, Jaipur 302021 Rajasthan. Following the opening of new branch, the bank now has 37 branches in Rajasthan as on March 31, 2014.

The new branch in Jaipur is aiming to help customers manage and grow their wealth alongside offering responsive and innovative products and services.

The bank’s net profit for the quarter ended March 31, 2014 jumped 28.83% at Rs 396.05 crore for the quarter as compared to Rs 307.4 crore for the quarter ended March 31, 2013. Bank’s total income increased by 23.35% at Rs 2,702.19 crore for the quarter under review as compared to Rs 2,190.66 crore for the corresponding quarter of the previous fiscal.

Peers
Company Name CMP
HDFC Bank 711.20
ICICI Bank 1313.90
Axis Bank 1225.90
Kotak Mahindra Bank 417.60
Indusind Bank 892.25
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