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IndusInd Bank gains on opening branch in Dehradun

IndusInd Bank is currently trading at Rs. 1282.15, up by 10.10 points or 0.79% from its previous closing of Rs. 1272.05 on the BSE.

The scrip opened at Rs. 1270.00 and has touched a high and low of Rs. 1284.90 and Rs. 1265.80 respectively. So far 66499 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1835.00 on 28-Mar-2019 and a 52 week low of Rs. 1192.00 on 11-Oct-2019.

Last one week high and low of the scrip stood at Rs. 1320.50 and Rs. 1192.00 respectively. The current market cap of the company is Rs. 88701.79 crore.

The promoters holding in the company stood at 16.78%, while Institutions and Non-Institutions held 62.32% and 20.89% respectively.

IndusInd Bank has inaugurated a branch at Dehradun. The new branch is located at the Jakhan Rajpur Road area of the city. The branch houses an ATM that will be available 24X7. With this, the bank now has a wide network of 16 branches across the state of Uttarakhand.

The new branch will provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards. Additionally, it will also 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.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.