CURRENT AFFAIRS

Detailed explanation-1: -IndusInd Bank inaugurates a branch in Dehradun; its third in the city.

Detailed explanation-2: -Of course the first method is to approach the bank and speak with the bank manager if there is any need of this sort. Usually banks do tell about the requirement in areas they find fit for opening branches and installing ATMs. They will ask you to fill a form with details about you and your property.

Detailed explanation-3: -Many financial institutions are finding the need to downsize larger branches, build smaller ones and make better use of the spaces they currently own. Customers are also looking for more personalized and interactive experiences as they conduct their financial transactions.

Detailed explanation-4: -Whatever their niche, branches of the future will make good use of technology, but they’ll also rely on high-value, specialist human skills and expertise. For example, tellers are starting to become more like financial concierges – with some walking through the branches with tablets ready to help customers.