Induslnd Bank
IndusInd Bank Limited is a Mumbai-based Indian financial services company. Commercial, transactional, and electronic banking goods and services are available from the bank. Manmohan Singh, then Union Finance Minister, launched IndusInd Bank in April 1994. IndusInd Bank is a forerunner among India's new-generation private banks. It is the seventh largest bank in India with a market capitalization of ₹82,550 crore.
Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Operations, and Unallocated are business segments. The Treasury division includes all investment portfolios, profit and loss on investment sales, profit and loss on foreign currency transactions, equities, derivatives revenue, and money market operations. Corporate lending and deposits are included in the Corporate and Wholesale Banking section. Retail lending and deposits are included in the Retail Banking sector. The additional Banking Operations category includes all additional operations that are not covered by the other segment. Capital and reserves, outstanding employee stock options, and other assets, liabilities, revenue, and expenses are all included in the Unallocated division.
IndusInd Bank is the chosen financial solutions provider and partner for nearly 33 million consumers in the country, including individuals, large enterprises, various government institutions, and public sector organizations. The banking network comprises 2384 Branches/Banking Outlets and 2894 ATMs located throughout India, encompassing 1,34,000 communities. The vision of IndusInd Bank is to be a relevant business and banking partner to its clients, customer-responsive, always striving to collaborate with clients in providing solutions for their banking needs, and a market leader in terms of productivity, technology, efficiency, and profitability.
Founded: 1994
Headquarters: Mumbai, India
Website: https://www.indusind.com/