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Induslnd Bank opens two new branches at Vadodara

08 Aug 2013 Evaluate

IndusInd Bank, one of the fastest growing new-generation private sector banks in the country, has opened two new branches located in the Gotri Main Road and Nizampura area of Vadodara. With the inauguration of two new branches in Vadodara, the bank now has five branches in Vadodara and overall thirty six branches in the state of Gujarat. The bank has also announced its plans to further strengthen its presence and customer reach in Gujarat.

The opening of new branches in Vadodara will thus extend the bank’s reach in this region. The bank perceives the state of Gujarat as an important market in the overall growth plans of the bank.

IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. As on June 30, 2013, Induslnd Bank had 530 branches, and 1,003 ATMs spread across 380 geographical locations of the country. The bank also has representative offices in London and Dubai.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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