MoneyWorks4Me

IndusInd Bank opens three new branches in Punjab

12 Mar 2015 Evaluate

IndusInd Bank has opened three new branches, each in Chandigarh, Panipat and Mohali. With the inauguration of these new branches, the bank has nine branches in Chandigarh, 67 in Haryana and 37 branches in Punjab as on February 28, 2015.

The increase in new branches will allow more number of customers to avail the bank's unique customer propositions along with full range of services ranging from Saving & Current Accounts, Loan products to Wealth Management and Credit cards. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centre and internet banking.

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
View more..