IndusInd Bank, the private sector lender, in collaboration with Family Service Centre, a Mumbai based non-profit organisation committed at ensuring children's right to family and education commemorated the onset of the festive season by presenting new clothes, books and toys to over 100 underprivileged children.

As a part of the initiative, 83 branches of IndusInd Bank across Mumbai organised special events and workshops to encourage customers, business communities as well as professionals to make donations in the form of new clothes, books and toys, which were presented to the children at a ceremony held in Mumbai.

Speaking about the initiative, Soumitra Sen, Head-Consumer Bank, IndusInd Bank said, "We, at IndusInd Bank look forward to undertaking initiatives that help in spreading joy in the lives of underprivileged kids and their families. In keeping with this thought, we are delighted to bring forth this new initiative- 'Festival of Hope' that commemorates the festive spirit across the country. We have received an overwhelming response from our customers who have joined hands to make a difference. We are also grateful to our NGO partner who helped us in making this initiative, a grand success."

Shares of the bank declined Rs 0.35, or 0.03%, to trade at  Rs 1,123.30.  The total volume of shares traded  was  28,803 at the BSE (11.17 a.m., Thursday).