IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on June 30, 2016, IndusInd Bank has 1,004 branches, and 1885 ATMs spread across 625 geographical locations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology. It enjoys clearing bank status for both major stock exchanges - BSE and NSE - and major commodity exchanges in the country, including MCX, NCDEX, and NMCE. IndusInd Bank on April 1, 2013 was included in the NIFTY 50 benchmark index. Recently, IndusInd Bank ranked 13th amongst the Top 50 Most Valuable Indian Brands 2015 as per the BrandZ Top 50 rankings powered by WPP and Millward Brown.
Paytm, India’s largest mobile payment and commerce platform have announced the availability of financing options on two - wheelers booked on its platform. The company has tied up with IndusInd Bank to launch two wheeler financing and plans to add more lenders to provide greater choice to cust... (more)
IndusInd Bank in association with GoSports Foundation has launched “JeetkaHalla” a campaign to support the Para-athletes under the Para Champions Program. Espousing the cause, IndusInd Bank aims to bring to light their contribution to the country by creating a nationwide movement of sup... (more)
IBM (NYSE:IBM) today announced that one of India’s leading private sector banks, IndusInd Bank ,will use its IBM's Cloud commerce solutions to transform customer engagements and enhance its cross-sell platforms, in line with the bank’s strategy. As a part of a three year strategic a... (more)
IndusInd Bank has recently signed a Corporate Agency Agreement with Reliance General Insurance, with the objective to distribute multiple options of general insurance products to its customers. With this partnership, Reliance General Insurance has extended its distribution channels and will distrib... (more)
IndusInd Bank today announced the launch of its non-banking sports vertical, ‘IndusInd For Sports’, to make sports an integral, intrinsic and strategic element for both internal and external stakeholders. Using the unique power of sports to attract, mobilise and inspire, "Ind... (more)
- Operating Profit up by 39% to Rs.1,006.53 crore YoY basis
- Non Interest Income increases by 32% YoY basis
- Capital Adequacy Ratio ( CAR) improves to 16.52%
- Net NPA down to 0.31%
Highlights Q2 FY 2016
Key performance vectors show signifi... (more)
Key Features:
- Facilitates fund transfers through social media platforms like Twitter and Facebook apart from providing basic banking services
- Does not require download of additional app
- QuickPay & Video Branch Banking s... (more)
IndusInd Bank has received approvals to set up an International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). IndusInd Bank’s International Banking Unit (IBU) will provide the bank access to International financial markets and will allo... (more)
IndusInd Bank has launched yet another Customer Responsive service called QuickPay, wherein IndusInd Bank customers can send money instantly to their personal contacts and/or business parties through SMS, E-mail and social media platforms, without having the beneficiary Bank Account details. T... (more)
Highlights Q1 FY 2016
Key performance vectors stable
Credit growth at 23%
NIM steady at 3.68%
Non-Interest Income up 26%
Net NPA stands at 0.31 % &nbs... (more)
