InduSind
Bank to open 60 branches
Our Banking Bureau
21 November 2001
 Mumbai:
The Hindujas-promoted
private sector bank, InduSind Bank, will be opening 60 more
branches by March 2002. According to bank MD Bhaskar Ghose, it
plans to expand from the present 36 branches to 100 outlets by
March 2002.
"We see
retail banking as a high-margin, high-growt h
niche area in a country of over a billion people. The expansion
would include 15 extension counters and 25 to 30 offsite automated
teller machines," Ghose said.
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