IndusInd Bank, the private sector lender, Wednesday, announced the launch of  'Onthego' Social banking which offers  customers a host of banking services including transactions through social platforms like Twitter and Facebook.

The company said, "Apart from providing banking services, users now can transfer money to their phone and social contacts using Facebook and Twitter. The user need not download any additional mobile app."

"Any IndusInd Bank savings account customer, who has a mobile number registered with the bank and who has a Twitter account, can access Twitter Banking," it added. 

Shares of the bank gained Rs 5.45, or 0.58%, to trade at Rs 946.85. The total volume of shares traded was 68,757 at the BSE (12.08 p.m., Wednesday).