IndusInd Bank

IndusInd Bank Limited is a new-generation Indian private sector bank headquartered in Pune, Maharashtra, with its registered office at 2401 General Thimmayya Road, Cantonment, Pune 411001. Established in April 1994 and inaugurated by then Union Finance Minister Manmohan Singh, IndusInd Bank was founded by Srichand P. Hinduja and promoted by the Hin... duja Group, becoming one of nine new-generation banks that obtained banking licenses in 1994. Named after the Indus Valley Civilisation, the bank commenced operations on April 17, 1994, and launched its initial public offering in 1997. IndusInd Bank is a universal bank providing a comprehensive range of banking products and financial services to corporate and retail clients, including personal and business banking products such as savings and current accounts, fixed deposits, recurring deposits, credit and debit cards, personal loans, home loans, vehicle loans, gold loans, loan against property, microfinance, SME loans, and investment products including mutual funds, sovereign gold bonds, and the National Pension System. As of March 2025, the bank serves approximately 41 million customers through 3,081 branches and banking outlets and 3,027 ATMs across India, reaching over 160,000 villages throughout the country. The bank operates through multiple business divisions including retail banking, wholesale banking, treasury operations, and specialized verticals serving diverse industries such as financial services, agriculture, education, logistics, and real estate. IndusInd Bank has representative offices in London, Dubai, and Abu Dhabi, and serves as a clearing bank for major Indian stock exchanges including BSE and NSE, as well as commodity exchanges such as MCX, NCDEX, and NMCE. The bank is listed on the National Stock Exchange of India and BSE Limited, with its shares being part of the NIFTY 50 index since April 2013. IndusInd Bank leverages technology through its Digital 2.0 strategy, offering advanced digital banking facilities including IndusMobile app, IndusNet ...Read More