{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/press-releases\/indusind-bank-expands-presence-across-chandigarh-and-panchkula\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/press-releases\/indusind-bank-expands-presence-across-chandigarh-and-panchkula\/","headline":"IndusInd Bank expands presence across Chandigarh and Panchkula","name":"IndusInd Bank expands presence across Chandigarh and Panchkula","description":"Chandigarh, August 4, 2014: IndusInd Bank, one of the fastest growing new-generation private sector banks in the country has opened two new branches in Chandigarh and one branch in Panchkula. The two new branches of Chandigarh are located in Sector 27 and Sector 16 and one new branch of Panchkula is located in Sector 20...","datePublished":"2014-08-04","dateModified":"2021-12-17","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86},"url":"https:\/\/www.indusind.com\/iblogs\/press-releases\/indusind-bank-expands-presence-across-chandigarh-and-panchkula\/","about":["Press Releases pdf"],"wordCount":676,"articleBody":"Chandigarh, August 4, 2014: IndusInd Bank, one of the fastest growing new-generation private sector banks in the country has opened two new branches in Chandigarh and one branch in Panchkula. The two  new  branches  of  Chandigarh  are  located  in  Sector  27  and  Sector  16  and  one  new  branch  of Panchkula is located in Sector 20 respectively. The Bank plans to further strengthen its presence and customer reach in Punjab and Haryana with more branches in the coming quarters.With the inauguration of three new branches, IndusInd Bank now has six branches in Chandigarh Tri-citywhich  comprises  of  Panchkula,  Chandigarh  and  Mohali.  The  addition  of  these  new  branches  has increased  the  network  of  IndusInd  Bank  in  Punjab,  Haryana  and  Chandigarh  (Union  Territory)  to  81 branches.The new branch located in Sector 16, Chandigarh was inaugurated by Mr. S. P. Arora, Additional Deputy Commissioner,  Panchkula.  The  second  branch  of  IndusInd  Bank  in  Sector  27,  Chandigarh  was inaugurated  by  Mr.  Charanjiv  Singh,  President,  Chandigarh  Beopar  Mandal  and  the  new  branch  in Panchkula was inaugurated by Mr. Vishnu Goyal, Chairman, Haryana Chamber of Commerce & Industry.Mr. Rakesh Tandon, State Head, IndusInd Bank and Mr. Anish Jindal, Regional Head, IndusInd Bank along with  other  senior  bank  officials  accompanied  the  chief  guests  during  all  three  branch  inaugurations. IndusInd Bank perceives the states of Punjab and Haryana as important markets in the overall growth plans of the Bank.Commenting on the recent branch expansion in Chandigarh, Mr. Soumitra Sen, Head Branch Banking, IndusInd Bank said \u201cWe are happy to inaugurate three more branches in Chandigarh and Panchkula,which are rapidly growing and strategically important markets. This would be a step ahead to support the  Bank\u2019s  strategy  to  extend  the  reach  and  offer  entire  gamut  of  financial  services  including  credit,savings, investments and insurance products in these areas. As we expand into deeper geographies to serve the local populace, we look forward to bringing a whole new world of convenience and flexibility to customers across the state. \u201cThe  increase  in  new  branches  will  allow  more  number  of  customers  to  avail  IndusInd  Bank\u2019s  unique customer propositions along with full range of services ranging from Saving & Current Accounts, Loan products  to  Wealth  Management  and  Credit  cards.  Innovative  facilities  such  as \u2018Video  Branch\u2019,  \u2018My Account, My Number\u2019, \u2018Choice Money ATM\u2019, \u201cDirect Connect\u2019, \u201cCheck on Cheque\u201d and \u2018Cash on Mobile\u2019 among others would also be available to the customers from day one.About IndusInd Bank:IndusInd  Bank,  which  commenced  operations  in  1994,caters  to  the  needs  of  both  consumer  and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on June 30, 2014, IndusInd Bank has 638 branches, and 1238 ATMs spread across 439 geographical locations of the country. The Bank also has representative offices in London and Dubai. The Bank believes in driving its business through technology. It enjoys clearing bank status for both major stock exchanges – BSE and NSE – and major commodity exchanges in the country,including MCX, NCDEX, and NMCE. IndusInd Bank on April 1, 2013 was included in the NIFTY 50 benchmark index. IndusInd Bank also offers DP facilities.Ratings:ICRA  AA  for  Lower  Tier  II  subordinate  debt  program by  ICRA  and ICRA  AA-  for  Upper  Tier  II  bond program  by  ICRA.  CRISIL  A1+  for  certificate  of  deposit  program  by  CRISIL.  CARE  AA  for  Lower  Tier  II subordinate debt program by CARE. IND A1+ Short Term rating by India Ratings and Research. IND AA for Lower Tier II subordinate debt program by IndiaRatings and Research and IND AA – for Upper Tier II bond program by India Ratings and Research.Visit us at www.indusind.comFor more details on this release, please contact:Mohit GanjuIndusInd Bank Ltd.Mohit.ganju@indusind.com0124-4749517Namita Sharma \/ Sumit Singh JamwalAdfactors PR Pvt. Ltd.Namita.sharma@adfactorspr.com\/Sumit.jamwal@adfactorspr.com9820950663\/9920199303Share This:"}