IndusInd Bank
IndusInd Bank, founded in 1994, is a public company in the banking industry with a team size of 46,414. Headquartered in Mumbai, it offers a wide range of banking services including corporate, retail, investment banking, and specialized NRI/HNI banking, with operations spanning 2,265 branches and 2,767 ATMs across India.
Company Overview
IndusInd Bank is a public sector bank established in 1994, headquartered in Mumbai, Maharashtra. With a team size of 46,414, it is classified as a very large enterprise. The bank operates 2,265 branches and 2,767 ATMs across 776 geographical locations in India as of March 31, 2022. It also maintains representative offices in London, Dubai, and Abu Dhabi. IndusInd Bank was included in the NIFTY 50 benchmark index on April 1, 2013.
Banking Services
IndusInd Bank offers a comprehensive range of banking services, including corporate banking, retail banking, treasury and foreign exchange, investment banking, and capital markets. The bank provides personal banking services such as savings accounts, salary accounts, and current accounts. It also specializes in NRI and HNI banking services, offering NRE and NRO accounts, and FCNR deposits.
Digital and Payment Solutions
The bank provides various digital payment solutions, including UPI, Bharat QR, and FASTag. It also offers digital banking services through platforms like IndusNet, IndusMobile, and banking on WhatsApp. Additionally, IndusInd Bank provides merchant solutions, including POS terminals and payment gateways, to facilitate business transactions.
Loan and Credit Offerings
IndusInd Bank offers a variety of loan products, including vehicle loans, home loans, loans against property, and personal loans. The bank also provides working capital loans, trade and forex services, and cash management solutions for businesses. Furthermore, it offers a range of credit cards, including the Nexxt Credit Card and Duo Card, which combine credit and debit card features.
Sustainability Initiatives
IndusInd Bank has implemented a sustainability program aimed at minimizing its environmental impact. This includes the use of solar ATMs and the promotion of green operations. The bank is committed to financial inclusion, providing services such as PMJDY accounts and social security schemes, alongside a variety of insurance products, including life, health, and general insurance.
