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Stock Report
IndusInd Bank inaugurates new branch at Karan Nagar, Srinagar (J&K), it's 7th in the city
Posted On : 2022-12-22 16:04:45( TIMEZONE : IST )
IndusInd Bank today announced that it has inaugurated a branch last week at Karan Nagar in Srinagar, the summer capital of Jammu and Kashmir. IndusInd Bank now has seven branches in Srinagar and overall twenty-nine branches in the Union Territory of Jammu and Kashmir.
The new branch was inaugurated by Mr. PK Pole (IAS), Divisional Commissioner, Kashmir in the presence of Branch Banking Head, Zonal Head and Regional Head of IndusInd Bank. The new branch is located on Ground Floor, Municipality road, Nar Singh Garh, Karan Nagar, Srinagar -190010. Bank invites its customers and the community to visit the branch and experience the latest in banking technology and services.
Commenting on the recent branch expansion in Srinagar, Mr. Soumitra Sen, Head - Consumer Banking & Marketing, IndusInd Bank, said "We are happy to inaugurate one more branch in Kashmir which is a constantly evolving market. This would be a step ahead to support Bank's focus to aid financial acceleration that the country presently is on. The new branch aims to deepen relationships and attract new customers, thus strengthening IndusInd Bank's client base across the region. As we expand our reach to serve the local populace, we look forward to bringing a whole new world of convenience and flexibility to customers."
The increase in the number of new branches will allow more number of customers to avail IndusInd Bank's unique customer propositions along with full range of services from Saving & Current Accounts, Wealth Management solutions and Credit cards. Additionally, Bank's innovative facilities such as "My Account, My Number", "Choice Money ATM' and 'Cash on Mobile' among others would also be available to the customers from day one.
Shares of IndusInd Bank Limited was last trading in BSE at Rs. 1201.80 as compared to the previous close of Rs. 1229.80. The total number of shares traded during the day was 59412 in over 4015 trades.
The stock hit an intraday high of Rs. 1248.75 and intraday low of 1192.80. The net turnover during the day was Rs. 72033806.00.
