IndusInd Bank inaugurates a branch in Jodhpur, its 100th in Rajasthan

• This will be the Bank’s sixth branch in the city of Jodhpur

Jodhpur, September 15, 2021: IndusInd Bank, today inaugurated a branch in Jodhpur, the second largest city of Rajasthan. The new branch is located on Pal Road which is one of the prime neighbourhoods of the city. With this, the Bank has now expanded its network to 100 branches across Rajasthan.

The new branch was inaugurated by Mr. Sunil Parihar, Director, Rajasthan State Industrial Development and Investment Corporation Ltd (RIICO), a premier agency of the Government of Rajasthan that has played an important role in the industrial development of the state, in the presence of Mr. Mukesh Kumar Kalal, Additional Collector, Jodhpur. The inauguration ceremony was also graced by senior officials of IndusInd Bank. 

Speaking on the inauguration, Mr. Soumitra Sen, Head – Consumer Bank, IndusInd Bank said, “We are happy to inaugurate a new branch in Jodhpur which is our sixth in the city. With this, we have now expanded our footprint to 100 branches across Rajasthan which is a testament to the potential that this market holds for the Bank. 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 bring a whole new world of convenience and flexibility to customers.” 

The new branch will house an ATM that will be available 24X7 and provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards. Additionally, it will offer customers with innovative facilities like ‘Video Branch’, ‘My Account, My Number’, ‘Choice Money ATM’, ‘Direct Connect’, ‘Check on Cheque’, ‘Cash on Mobile’ as well as ‘Finger Print’ banking. 

The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centre, internet banking and an innovative social banking platform called 'OnTheGo' which offer a suite of banking services through multiple-social networks as an extension to its digital services.

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, 2021, IndusInd Bank has Branches 2,015/ Banking Outlet and 2,870 ATMs spread across 760 geographical locations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi. 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 was included in the NIFTY 50 benchmark index on April 1, 2013.

RATING

Domestic Rating:

• CRISIL AA + for Infra Bonds program
• CRISIL AA for Additional Tier I Bonds program
• CRISIL A1+ for certificate of deposit program / short term FD programme
• IND AA+ for Senior bonds program by India Ratings and Research
• IND AA for Additional Tier I Bonds program by India Ratings and Research
• IND A1+ for Short Term Debt Instruments by India Ratings and Research

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