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IndusInd Bank surges on launching two digital banking units

23 Aug 2022 Evaluate

IndusInd Bank is currently trading at Rs. 1066.15, up by 8.10 points or 0.77% from its previous closing of Rs. 1058.05 on the BSE.

The scrip opened at Rs. 1039.00 and has touched a high and low of Rs. 1067.00 and Rs. 1034.85 respectively. So far 74784 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1107.50 and Rs. 1034.85 respectively. The current market cap of the company is Rs. 82259.89 crore.

The promoters holding in the company stood at 16.51%, while Institutions and Non-Institutions held 66.85% and 16.63% respectively.

IndusInd Bank has launched two Digital Banking Units (DBUs) at Jalandhar (Punjab), and Chengalpattu (Tamil Nadu) to commemorate the 75th Year of India's Independence. This announcement is in line with the recent Digital Banking Unit advisory, to accelerate and widen the reach of digital banking services in the country.

The DBUs will offer a gamut of Digital, Do It Yourself (DIY) journeys. This includes the instant opening of Savings & Current Accounts, Term Deposits, instant processing of Personal and Business loans, KYC updates, DIY Credit Card journeys, internet banking, and account statement generation.

Customers will also be able to deposit and withdraw cash through a Cash Recycler. To assist the customers in their DIY journeys, banking experts will be available during standard banking hours. These experts will also guide, support, and educate the customers. Certain services like cash withdrawal/ deposit and internet banking will also be available 24x7 for the convenience of customers.

IndusInd Bank is one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

853.15 4.60 (0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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