Business Daily from THE HINDU group of publications Thursday, Jan 11, 2007 ePaper |
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Money & Banking
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Private Banks States - Andhra Pradesh IndusInd Bank in Warangal Our Bureau
Hyderabad , Jan. 10 IndusInd Bank Ltd has announced that its new branch at Warangal and the 15th in Andhra Pradesh was inaugurated by Mr Ponnala Lakshmaiah, State Minister for Major and Medium Irrigation, on Monday. Speaking at the inauguration, Mr Varghese Thambi, Senior Vice President and Head-Retail Banking, of the Bank said, "Warangal, an important tourist destination would be witnessing Technology Banking in the form of various alternate channels of banking including Internet Banking, Mobile Banking, ATMs and Anywhere Banking facility." At present, the bank has a network of 148 branches and 87 offsite ATMs spread over 118 geographical locations in 24 states and Union Territories. Recently the bank received licences for opening 19 new branches across the country. With this the network will now increase to 180 branches by March-April 2007.
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