The Hindu Business Line : IndusInd Bank gets RBI nod

IndusInd Bank on Tuesday said that it has received authorisation from the Reserve Bank of India to open 19 more branches. This is in addition to the licences for 21 branches it had received from the RBI during the current year; the bank has already opened seven branches and 14 would be opened before March 2007. IndusInd Bank has a network of 147 branches and 86 offsite ATMs spread over 118 geographical locations in 24 States and Union Territories. A bank statement said that after this new set of licences, the network would now increase to 180 branches by April next year.

More Stories on : Private Banks | RBI & Other Central Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Syndicate Bank Jaikisan, `a big hit among farmers'

If markets are efficient...

Rupee gains 11 paise

Reliance health insurance policy launched

IndusInd Bank gets RBI nod

ICICI Bank clean note programme

SBI hikes lending rates by 50 basis points

More bank holidays next year

`Banks' deposit mop-up unlikely to affect MFs'

Bond prices drop by 21 paise

Allahabad Bank to increase retail credit

Canara Bank seeks to grow export credit

Call rates soar to new high