Indusind Bank, the private sector lender, inaugurated a new branch in Jaipur, Rajasthan recently. The new branch is located at Jaipur Electronic market, Mansarovar Link Road, Opp Ridhi Sidhi, Gopalpura Bypass, and Jaipur. With the inauguration of a new branch, Indusind Bank now has 42 branches in Rajasthan state and in Jaipur, the bank 10 branches.

The bank plans to further strengthen its presence and customer reach in Rajasthan with more branches in the coming quarters.

Soumitra Sen, head branch banking, Indusind Bank, said, ''We are happy to inaugurate a new branch in Jaipur, Rajasthan, which is a growing and constantly evolving market for the bank. This aligns with the bank's strategy to extend the reach and offer entire gamut of financial services including credit, savings, investments and insurance products to customers across Rajasthan state. The new branch aims at deepening relationships and attracting new customers across Rajasthan state. The new branch aims at deepening relationships and attracting new customers, thus strengthening Indusind Bank's client base across the region. As we expand into deeper geographies to serve the local populace, we look forward to bringing a whole new world of convenience and flexibility to customers.''

Shares of the bank gained Rs 0.5, or 0.06%, to settle at Rs 784.25. The total volume of shares traded was 43,182 at the BSE (Friday).