IndusInd Bank
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IndusInd Bank

https://www.indusind.com/
Last activity: 24.10.2024
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Categories: B2CBusinessCorporateDeliveryFinTechPersonalPlatformResearchServiceTechnology
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 September 30, 2020, IndusInd Bank has 1910 Branches/ Banking Outlet and 2785 ATMs spread across 751 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 was included in the NIFTY 50 benchmark index on April 1, 2013.
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Location: India, Maharashtra, Mumbai
Employees: 10001+
Phone: +91 1860 267 7777
Founded date: 1994

Investors 1

Mentions in press and media 129

DateTitleDescription
24.10.2024RBI slams high-cost lending, calls for affordable credit from Microfinance InstitutionsThe Reserve Bank of India (RBI) has delivered a sharp message to Microfinance Institutions (MFIs), urging them to realign their lending practices and prioritise affordability in their credit offerings. MFIs can no longer hide behind the fac...
24.10.2024IndusInd Bank Q2 PAT tanks 40 per cent on higher provisions, bad loansPrivate sector lender IndusInd Bank on Thursday reported a sharp 40 per cent year-on-year (y-o-y) and 39 per cent quarter-on-quarter (q-o-q) fall in its Q2FY25 consolidated net profit at ₹ 1,331 crore, largely on account of higher provision...
23.10.2024NCLT dismisses Anil Ambani plea against use of Reliance Capital brand by IIHLThe National Company Law Tribunal has dismissed an application filed by Anil Dhirubhai Ambani Ventures seeking revocation of an earlier order allowing Reliance Capital to use the ‘Reliance’ brand for three years during the implementation of...
17.10.2024Kotak Mahindra Bank’s pursuit of top-3 spot poses M&A Risks: Bernstein Macrotech acquires 7 land parcels for Rs 166 billion housing projectsECONOMY & POLICY Kotak Mahindra Bank’s pursuit of top-3 spot poses M&A Risks: Bernstein 17 Oct 2024 2 Min Read CW Team Kotak Mahindra Bank's ambition to become India’s third-largest private sector lender by 2030 could expose it to s...
06.10.2024The Banking Landscape: A Shift in Deposits and Credit GrowthThe banking sector in India is experiencing a notable shift. For the first time in two years, private banks are seeing higher deposit growth than credit growth. This change is significant. It reflects a cautious approach in a landscape mark...
04.10.2024Top private banks’ Q2 biz updates see higher deposit growth than creditTop private banks have started posting higher deposit growth than credit in the quarter ending September 2024, according to provisional Q2FY25 business updates reported by lenders to exchanges. The trend has reversed after a period of at le...
30.09.2024Noida Authority Seeks ED's Help to Recover Rs.191.9 Crore from Developers GR Infraprojects to Raise $200 Million for Urban Infrastructure Projects Government Implements Strategy to Boost Shipbuilding ...Real Estate Noida Authority Seeks ED's Help to Recover Rs.191.9 Crore from Developers 30 Sep 2024 4 Min Read CW Team The Noida Authority has formally requested the Enforcement Directorate (ED) to recover Rs.1.919 billion in dues from Hacien...
20.09.2024GyFTR: Gift Cards & VouchersShare Tweet Share Share Email Introduction In today’s fast-paced world, credit card rewards, and cashback offers have become key features for customers looking to maximize the benefits of their financial products. GyFTR is a digital platfor...
18.09.2024Financial Maneuvers and Cultural Shifts: A Snapshot of Recent Developments in IndiaIn the ever-evolving landscape of Indian finance and governance, two recent events stand out. One involves a significant financial maneuver by the Hinduja Group, while the other highlights a cultural shift in public holidays in Maharashtra....
16.09.2024Large private banks’ attrition rate falls in FY24Holding managers accountable, smoothing the onboarding process, and offering higher incentives, among other factors, have helped India’s large private banks lower the attrition rate in FY24 compared to the previous fiscal, data from banks’ ...
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