IndusInd Bank has unveiled its third Currency Chest at Guindy in Chennai. The Currency Chest in Chennai is equipped with state-of-the-art cash processing facilities to cater to the needs of the bank’s branches and ATM in southern part of the country. This would enable the bank branches to handle larger volumes of cash.
The bank’s first Currency Chest was opened in Mumbai in June 2012 and second in New Delhi in March 2013. With the opening of the new Currency Chest in Chennai, the company has total of three Currency Chests across the country.
The bank’s net profit for the quarter ended March 31, 2014 jumped by 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.