Indusind Bank opens its 16th branch in Gujarat at Hazira
Indusind Bank Ltd has informed BSE that on March 08, 2008 the Bank has inaugurated its first branch in Hazira, Gujarat. Shri. Kiritbhai G Patel - Hon. Member of Gujarat Legislative Assembly was the Chief Guest.
Speaking at the inauguration, Mr. Ravi M Harjai, Vice President & Head (Liabilities), Indusind Bank said, “Hazira which is in close proximity to the industrial corridor, Kawas, is an important centre for us. We are pleased to announce the opening of our first branch here to serve the existing plants of major Corporates like Essar, Reliance, L&T, NTPC, Kribhco along with their employees residing in the residential quarters. Further, the Bank has 16 branches in the state of Gujarat including Hazira and considering the potential of the State, we propose to open new outlets shortly. With our technology and customized products and services, we are confident in meeting the banking requirements at both the corporate and retail ends.”
In this quarter, the Bank entered into a strategic tie-up with Cholamandalam MS, General Insurance Co. Ltd., for Bancassurance. This tie-up will help the Bank ramp up its fee based income significantly, apart from offering an even wider array of products for its wealth management services to customers.
Tags: Indusind Bank