Indusind alliances with Religare

New Delhi, June 12 (UNI) Indusind Bank Ltd today said it has tied-up with the leading integrated financial services provider, Religare, which will offer Internet trading services platform to the bank's customers.

The alliance is a holistic and integrated partnership and will initially focus on Religare's offering, to be followed by a roll-out of the entire spectrum of Religare's services to the bank's customers.

The Internet trading facility will be part of a value-added 3-in-1 offering for the bank's savings account customers, offering them a savings and a DP account from the bank along with an Internet trading account, powered by Religare.

Religare with its modern, value-added, 360-degree portal and the bank with its network, ethos and customer-centric approach plan to capitalise on the fast-growing phenomenon of internet trading and seamlessly cater to the convenience and value-seeking, cash-rich and time-poor new-age consumers.

Managing Director and Chief Executive Officer of the company Bhaskar Ghose said, ''Our partnership with Religare demonstrates yet again that Indusind Bank is committed to providing a gamut of financial products and services under one roof. This alliance will enable us to expand our suite of capital market-related facilities to our customers in terms of banking, depository and broking services. This move will also contribute to our non-interest income.'' Religare will have highly-trained dedicated teams assigned for this activity working closely with the bank to provide the support required for servicing the customers effectively.

UNI