IndusInd Bank has won the mandate from the Haj Committee of India to cater to the business of import and distribution of Saudi Riyal currency notes for all government sponsored Haj pilgrims going to Saudi Arabia this year.
Ramesh Ganesan, executive V-P and head transaction banking, IndusInd Bank said, “We appreciate the transparency and professionalism of The Haj committee of India in the entire process of selection & would like to thank the Committee for offering us this opportunity. It is indeed a matter of prestige for IndusInd Bank to be a part of this activity.”
It is estimated that this year nearly 115,000 pilgrims will leave for Haj from India, under the government quota. Apart from this government quota, it is expected that another 50,000 pilgrims from India will go under the private visitor’s quota to Saudi Arabia.
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