IndusInd Bank launches its first mega Currency Chest in Chandigarh

IndusInd Bank today launched its mega Currency Chest at Chandigarh.

The new mega Currency Chest will service 218 branches of IndusInd Bank across Punjab and Haryana, along with branches of other banks located in the two states. The launch is a testament of the banks' effort to increase efficiency of currency management in the Tricity region comprising - Chandigarh, Mohali and Panchkula.

Speaking about the launch, Mr. Anil Rao, Head - Operations & Solutions Delivery Group, IndusInd Bank said, "We are delighted to launch an all new mega Currency Chest in Chandigarh which is our first in the city. The initiative, is part of our ongoing efforts of ensuring effective circulation of currency, continuous supply of clean currency notes as well as timely withdrawal of soiled ones. With this, we have further expanded our existing network of Currency Chests that are present across the country, and look forward to offering our valued customers with a seamless banking experience."

The mega Currency Chest in Chandigarh is an addition to the Bank's existing network of five Currency Chests that are located at New Delhi, Kolkata, Chennai, Bengaluru and Thane, near Mumbai.

Shares of IndusInd Bank Ltd. was last trading in BSE at Rs. 1035.3 as compared to the previous close of Rs. 1041.15. The total number of shares traded during the day was 107625 in over 2971 trades.

The stock hit an intraday high of Rs. 1047.15 and intraday low of 1027.45. The net turnover during the day was Rs. 111370936.

Source : Equity Bulls

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