MoneyWorks4Me

Indusind Bank expands presence across Chandigarh

06 Feb 2015 Evaluate

Indusind Bank has inaugurated a new branch in Chandigarh. The new branch is located at Plot number 149, Industrial Area, Phase-I, Chandigarh. The Bank is planning to further strengthen its presence and customer reach in Punjab and Haryana with more branches in the coming quarters. With the inauguration of a new branch, Indusind Bank now has 9 branches in Chandigarh.

Indusind Bank registered a rise of 28.91% in its net profit after tax at Rs 447.19 crore for third quarter ended December 31, 2014 as compared to Rs 346.9 crore for the same quarter in the previous year. Total income of the bank increased 16.15% at Rs 3047.7 crore for Q3FY15 as compared Rs 2623.76 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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