A relevant business and banking partner to its clients
About Us
- Know more about the IndusInd Bank journey
Our Company
IndusInd Bank is one of India's leading financial services brand. We are the preferred banking solutions provider and partner for approximately 41 million customers across the country, including individuals, large corporations, various government entities and PSUs. Our banking network spans 3040 branches/ banking outlets and 3011 ATMs spread across India, covering 1,61,000 villages, and we also have representative offices in London, Dubai and Abu Dhabi. The Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.
Our Vision
IndusInd Bank will be:
Engaged with all our stakeholders and will deliver sustainable and compliant growth and returns
Customer-responsive, striving at all times to collaborate with clients in providing solutions for their banking needs
A forerunner in the marketplace in terms of productivity, technology, efficiency and profitability
A change agent for financial inclusion in India
An equal opportunity and preferred employer
Mission
We will consistently add value to all our stakeholders by enhancing the sustainability of the organisation and emerge as India's most convenient Bank with financial metrics amongst the best in the industry.
Our History
Established in 1994 by a platform conceived and promoted by Srichand P Hinduja along with members of Indian diaspora, the name ‘IndusInd Bank' was inspired by the Indus Valley Civilization - one of the greatest cultural example of a combination of innovation with sound business and trade practices. Over the years, we have grown ceaselessly and dynamically driven by a zeal to offer our customers banking services at par with the highest quality standards in the industry..
2023-2024
Milestone
June 2023 - All thirteen of IndusInd Bank’s PIONEER branches have been officially recognized by the United States Green Building Council (USGBC) through their LEED (Leadership in Energy and Environmental Design) certification program. The nine Platinum-certified branches are located in Mumbai, Chennai, Delhi, Bangalore and Pune, while the four Gold-certified branches are situated in Gurgaon, Kolkata, Jaipur and Chandigarh.
Milestone
June 2023 - IndusInd Bank was appointed as an authorized ‘Agency Bank’ by the Ministry of Finance, Madhya Pradesh State Government. This appointment enabled IndusInd Bank for online collection of State Government Revenue and Receipts such as GST and VAT, collection of stamp duty and pension amounts on behalf of the Madhya Pradesh state government.
Milestone
June 2023 - IndusInd Bank partnered with Wise on multi-partner Indus Fast Remit platform to offer low-cost and seamless online inward remittance to India.
Milestone
June 2023 - IndusInd Bank, as part of its CSR program ‘Institutions on Solar’, completed the installation of rooftop grid connected solar panels at Maharashtra Arogya Mandal’s Sane Guruji Arogya Kendra, Pune. The installation is a large scale grid solar Photovoltaic system of 100-kW of energy, that will generate nearly 1,40,000 units of electricity yearly, thereby reducing carbon emission by over 113 Metric Tonnes.
Milestone
August 2023 - IndusInd Bank and Tiger Fintech - a Bajaj Capital Group company, launched the IndusInd Bank Tiger Credit Card, a co-branded credit card powered by Visa.
Milestone
August 2023 - IndusInd Bank celebrated Onam by launching the NRI Homecoming Festival in Kerala, where branches were decorated and a host of initiatives were planned to welcome the NRIs.
Milestone
September 2023 - IndusInd Bank launched the ‘Virtual Commercial Credit Card', empowering corporates and travel agents for hassle-free cross-border paymentS
2022-2023
Milestone
July 2022 - IndusInd Bank partnered with MoEngage to deliver a differentiated digital experience for its customers.
Milestone
August 2022 - The Bank partnered with M2P to deliver hyper-personalized offering across payments and lending, with first-of-its-kind solutions in India.
Milestone
August 2022 - The Bank partnered with Rupyy to offer 100% paperless loans for used-cars.
Milestone
September 2022 - IndusInd Bank announced a strategic partnership with Asian Development Bank (ADB) to support and promote Supply Chain Finance (SCF) solutions in India.
Milestone
October 2022 - The Bank commemorated the festive season with the launch of an offers campaign, #BankOnHappiness, providing customers with a gamut of offers on a wide variety of brands.
Milestone
October 2022 - The Bank launched IndusInd Bank Soundbox, a Standard QR based IOT payment acceptance device to help with merchants with instant confirmation of digital payments made to their IndusInd Bank account.
Milestone
October 2022 - The Bank partnered with Kinetic Green to offer easy and affordable financing for the manufacturer’s range of electric two-wheelers.
2021-2022
Milestone
The Bank unveiled a Zebu Bull sculpture at Worli, Mumbai.
Milestone
June 2021 - The Bank launched a comprehensive digital lending platform called “IndusEasyCredit”.
Milestone
July 2021 - IndusInd Bank joined hands with TP Central Odisha Distribution Limited for the launch of a fully digital payment network in the state.
Milestone
August 2021 - The Bank granted support to para-athletes to qualify for Tokyo Paralympics 2022 by providing them with the necessary resources in their quests.
Milestone
The Bank launched a redesigned website www.indusind.com to offer customers with an enhanced experience across devices such as desktops, laptops, mobile phones and tablets.
Milestone
September 2021 - IndusInd Bank installed Solar panels at Sri Sathya Sai Sanjeevani Hospital Kharghar, Navi Mumbai, to help hospitals reduce carbon footprints.
Milestone
October 2021 - The Bank launched EMI facility on Debit Cards.
2020-2021Blazing a trail
Milestone
The Bank in partnership with the Municipal Corporation of Greater Mumbai (MCGM) and supported by the Hinduja Foundation, unveiled a majestic sculpture of its brand identity - the ‘Zebu Bull’ at Worli, Mumbai
Milestone
The Bank expanded its Video Banking platform; launched ‘Video KYC’ for savings account and credit card customers
Milestone
The Bank launched India’s first mobile app based facility for opening current accounts in a paperless manner that enables the Bank to open current accounts for self-employed individuals and businesses digitally, in just a few hours.
Milestone
The Bank completed its integration with CRMNEXT across all customer touch points
Milestone
The Bank launched a redesigned website www.indusind.com to offer customers with an enhanced experience across devices such as desktops, laptops, mobile phones and tablets.
Milestone
The Bank launched its new campaign #HarIndianKaComeback to celebrate the indomitable spirit of every Indian. As the nation slowly opens up to the “new reality “, people have started to step back into the world, a world which has changed, but is filled with possibilities.
Milestone
The Bank became the first bank to go live on RBI’s Account Aggregator Framework
2019-2020Blazing a trail
Milestone
The Bank launched the super-premium ‘IndusInd Bank Celesta American Express Credit Card’ with a host of exclusive features. This super premium credit card which offers best-inclass rewards and benefits, has been created keeping the discerning needs of senior professionals and businessmen who are always on the go.
Milestone
The Bank launched a campaign to celebrate turning ‘#Just25’ . The campaign takes inspiration from the 25 year olds of today and reflects IndusInd Bank’s ethos of being an innovator, an achiever with one cohesive goal of becoming India’s most Convenient Bank.
Milestone
The Bank announced successful pricing of its inaugural USD denominated public bond for USD 400 million
Milestone
The Bank introduced ‘PIONEER’ Banking – its Wealth Management platform which caters to the high net worth segment of customers. Based on state-of-the-art research capabilities of the Bank, this new service merges bespoke wealth management solutions with a wide array of personal & commercial banking products, curated to suit the requirements of the discerning few.
Milestone
The Bank recorded the ‘highest’ growth in brand value amongst top global banks, according to ‘The Banker’s Top 500 Banking Brands 2020’ report. As per the report, the brand value of IndusInd Bank has increased by 122% over the past 12 months, making it the highest placed for growth in brand value, across the globe.
2018-2019Blazing a trail
Milestone
Introduced a new range of market first products, like the IndusInd Bank Duo Card - a Debit-cum-Credit Card, the IndusInd Bank Nexxt Credit Card - an interactive Credit Card with buttons and IndusAssist, banking on Amazon Echo.
Milestone
The Bank was adjudged the Best Commercial Bank of the Year (India) and the Best Innovation in Retail Banking at the International Banker Awards, 2018. The Bank was awarded Best in Class Client & Supplier Collaboration at ELSC 2018 for Supply Chain Finance business and Best Bank – Supply Chain Finance at 4th SCM Pro Logistics and Supply Chain Awards on 8th December 2018.
Milestone
The Bank has embarked on the journey of Digitization across its Corporate Banking channels and supported by Business Intelligence Unit, the entire Customer Experience has been revamped.
Milestone
The Real Estate vertical has helped completion of residential projects and creation of commercial office capacity in the country having funded more than 125 projects till date.
Milestone
The Bank has strong domain leadership in Microfinance and Diamond business. Disbursements under Microfinance touched Rs. 30,000 crore catering to ~5 million customers.
Milestone
Debt Capital Markets has ranked in the domestic debt placement league tables at the no. 1 position in terms of number of deals and top 5 in the total volume of deals in both Bloomberg and Reuters.
Milestone
Supply Chain Finance portfolio crossing Rs. 4,000 crore mark.
2017-2018Blazing a trail
Milestone
Received funding from OPIC ($225 million) & ABD ($200 million) for women borrowers under Microfinance.
Milestone
Rural Distribution Service Point set up in partnership with Business Correspondents.
Milestone
The Bank announced merger with Bharat Financial Inclusion Limited - one of the largest Microfinance Institutions in India.
Milestone
The Bank won the Best Mid-Sized Bank award at BW Business World Magna Awards 2017.
Milestone
Mr. Romesh Sobti, Managing Director and CEO, was honoured with the Best Banker Award.
Milestone
Introduced business verticals with specific focus on segments like Education, Logistics, Pharma, Healthcare, etc.
Milestone
Third initiative under the Sports Vertical launched – the Girl Power Programme that supports 60 girl athletes.
2016-2017LEADING THE WAY
Milestone
Another market-first product was launched - Fingerprint Banking through a campaign featuring Farhan Akhtar and Boman Irani.
Milestone
The Bank was ranked 12th in the BrandZ Top 50 Most Valuable Indian Brands 2016, by Millward Brown and WPP.
Milestone
The Bank introduced specialized approach in catering to industries and created business units in Healthcare, Education, Logistics, Pharma, MNC and Financial Services.
Milestone
Launched IndusInd For Sports to promote sporting ideals like human values, inclusion and sustainability.
Milestone
The Bank supported 18 para–athletes under the Sports vertical in partnership with GoSports Foundation. Their run for glory at the Paralympics 2016 was supported by the campaign #JeetKaHalla.
Milestone
The Bank successfully implemented 1st Large CSR Project - Water Conservation Project in Satara with the rejuvenation of Check Dam at Dighewadi impacting 110 acres of land and benefitted more than 1 lakh villagers.
Milestone
The Bank adopted the Indian Blind Cricket Team as principal sponsors with CABI and Samarthanam, which went on to win the T20 World Cup by defeating Pakistan.
2015-2016MAKING A DIFFERENCE
Milestone
The Bank acquired Diamond & Jewellery Financing business of RBS in India.
Milestone
The Bank reached the milestone of 1,000 branches.
Milestone
Raised Rs. 5,081 crore through Qualified Institutions Placement (QIP-4) and Preferential Issuance to the Promoter Entities.
Milestone
The Bank gave a commitment to the Ministry of Renewable Energy in 2015 for financing 2 GW in 5 years; by January 2019, the Bank has already achieved funding of 3.7 GW of projects.
Milestone
The Bank partnered with Samhita for creating awareness among women on their legal rights and financial education. More than 5,000 women have been trained and the aim is to cover 65,000 women over 3 years in Madhya Pradesh.
Milestone
The Bank achieved leadership in Carbon Disclosure Project (CDP) in the Indian Corporate Sector.
2014-2015Delivering Conveniences
Milestone
Inaugurated India's first Digital Branch at IndusInd Cybercity Station at Rapid Metro, Gurgaon.
Milestone
Launched Video Branch service with a multi-media campaign featuring Farhan Akhtar.
Milestone
The Bank was ranked 19th in the BrandZ list of Top 50 Most Valuable Indian Brands, by Millward Brown.
Milestone
The third Currency Chest was launched in Chennai.
Milestone
Project Finance business catering to infrastructure development with focus in renewable energy, road sector, water management, power transmission/distribution was created.
Milestone
Real Estate segment was launched for Corporate Clients.
Milestone
The Bank achieved its 1st Green Branch certification – LEED Gold rating from the US Green Building Council.
2013-2014Becoming Customer-Centric
Milestone
Launched the market-first product - My Account My Number, with a multi-media campaign featuring Sharman Joshi.
Milestone
The Bank also launched the Indulge Credit Card, the first Credit Card in India with 22 K gold inlay.
Milestone
The Bank stock was included in the NIFTY 50 benchmark index.
Milestone
21,679 kwh of energy was generated through solar installation at the Bank's owned premise at Karapakam, Chennai, which was the pilot project for a larger power output.
2012-2013Charting Newer Territories
Milestone
Raised Rs. 2,000 crore through Qualified Institutions Placement (QIP-3).
Milestone
The first Currency Chest of the Bank was launched in Mumbai and the second one in New Delhi.
Milestone
The Bank launched Micro Finance Institution (MFI) through the Business Correspondent (BC) Model.
Milestone
Micro Finance Business Correspondent program was awarded "Certificate of Merit" under Top 50 products by Skoch India.
Milestone
IndusInd Bank successfully completed installation of 100 Solar Powered ATMs and achieved emission savings of 154 MT CO2.
2011-2012PIONEERING INNOVATIONS
Milestone
The Bank launched a brand campaign for market-first products - Direct Connect, Quick Redeem Service, Cash-on-Mobile ATM, featuring Neetu Kapoor & Jimmy Shergill. Crossed 300 branches in India.
Milestone
Signed an MoU with HDFC Ltd. for Home Loans.
Milestone
The Bank acquired Deutsche Bank's Credit Card business in India.
2010-2011Differentiating Ourselves
Milestone
Responsive Innovation became the DNA of the Bank with the introduction of Choice Money ATM, Open 365 Days and Check-On-Cheque. The same were launched with a multi-media campaign featuring Ranveer Shourey.
Milestone
Raised Rs. 1,173 crore through Qualified Institutions Placement (QIP -2).
Milestone
The Bank launched new products and business segments including PSU Banking, Structured Finance and Structured Trade.
Milestone
Under the Hum Aur Hariyali Campaign, the Bank commenced its Green Initiatives viz. conversion to LPG/CNG vehicles, recycled papers, e-statements, usage of CFL/LED lights, thin computing, adopt a plant campaign, etc.
2009-2010BREAKING NEW GROUNDS
Milestones
Unveiled a new advertising campaign, featuring actors Omi Vaidya and Shruti Seth, which highlighted customer friendly services such as Mobile Alerts, Online Payments and Ready2Use Savings Account Kit.
Milestones
Raised Rs. 480 crore through Qualified Institutions Placement (QIP-1).
Milestones
The Bank started a unit for Microfinance.
Milestones
The Bank launched new products for Corporate Clients expanding our offerings to include Loan Syndication, Micro Finance and Warehouse Finance.
Milestones
Pioneered the concept of Solar ATMs by installing the 1st solar powered ATM in Maharashtra.
Milestones
Launched Green Champions Program for employee engagement on environmental and social activities with the on boarding of 75 Green Champions.
2008-2009DIVERSIFYING OFFERS
Milestones
The Bank launched a host of Savings and Current Account products with a focus on growing the Consumer Banking portfolio.
Milestones
There was a focused effort on strengthening our Product Delivery capabilities across all product groups - Global Markets, Transaction Banking and Investment Banking.
Milestones
Corporate & Institutional and Commercial Banking business verticals were established to cater to all Corporates.
Milestones
Public Sector vertical was established to cater to varied Banking requirements of Public Sector Clients at Central as well as at State Levels.
Milestones
Financial Institution Group was created to develop Correspondent Banking relationship with multinational Banks in different geographies.
Milestones
Raised Rs. 222 crore through issuance of Global Depository Receipts (GDR-2).
2007-2008STRENGTHENING
Milestones
Mr. Romesh Sobti joined the Bank as its Managing Director and CEO, along with five of his colleagues, from RBS Bank.
Milestones
Soon after, the Corporate and Commercial Banking Unit was commissioned with the aim of providing financial and banking solutions to small, mid and large sized corporates.
2006-2007RISING
Milestones
The Bank raised Rs. 146 crore through issuance of Global Depository Receipts (GDR -1).
2005-2006GROWING
Milestones
IndusInd Bank raised Rs. 170 crore through issuance of Tier-II bonds.
Milestones
IndusInd Bank entered into an agreement with NCDEX as their clearing banker.
2004-2005PARTNERING
Milestones
IndusInd Bank tied up with Ashok Leyland for channel financing, with a focus on expanding the scope of client relationships.
Milestones
The Bank inaugurated its 100th branch at Dadar in Mumbai.
2003-2004MERGING
Milestones
The Bank merged with Ashok Leyland Finance Limited.
Milestones
The Bank further amalgamated with IndusInd Enterprises and Finance Ltd. - an NBFC as well as one of the promoter of the Bank.
2001-2003PROVIDING CONVENIENCE
Milestones
The Bank forayed into Mobile Banking and offered it to its customers across the country.
Milestones
During the same period the Bank also introduced 'lndusNet' - its Internet Banking platform as well as Phone Banking services.
Milestones
Also introduced a suite of loan products - Housing, Personal and Auto.
1997-2000BUILDING A PORTFOLIO
Milestones
The Bank widened its product portfolio by introducing services like FAST Forex, Indus Home, Indus Estate, and Indus Auto among many others.
1996-1997Growing
Milestones
The Bank issued an Initial Public Offering in November 1997 and raised USD 30 million.
Milestones
Successfully launched the concept of 'Anywhere Banking' by growing its network to 18 branches and 11 ATMs.
1994-1995BEGINNING
Milestones
Mr. Srichand P. Hinduja, a leading NRI businessman and head of the Hinduja Group, conceived the vision of IndusInd Bank.
Milestones
The Bank was formally inaugurated in April 1994 by Dr. Manmohan Singh, the then Finance Minister of India. The Bank began its operations with USD 35 million with the first branch being opened at Opera House, Mumbai.
Leadership
Our leadership represents years of banking and finance expertise to deliver best-in-class products and services.
We will consistently add value to all our stakeholders and emerge as the ‘best-in-class’ in the chosen parameters amongst the comity of banks, by doubling our profits, clients and branches within the next three years.
Meet Our :
Leadership
Investor Relations
Investor Relations
Committed to provide accurate & credible information on the Group’s operational performance and financial data to all investors in a timely & transparent manner
At IndusInd Bank we believe that 'Good Ecology is Good Economics'. We will continue to create value for all our stakeholders and emerge as a 'Best-in-Class' Bank that is committed to sustainable economic growth.
Know MoreSustainability
The Bank has adopted a comprehensive approach to improve its triple bottom line (i.e., People, Planet and Profit) performance by integrating sustainability considerations in its business practices, decision-making, operations and products. In line with the overall strategy, a centralized Sustainability unit works closely with various stakeholders in developing the ESG strategy for each department.
Sustainability
2023-2024
Milestone
June 2023 - All thirteen of IndusInd Bank’s PIONEER branches have been officially recognized by the United States Green Building Council (USGBC) through their LEED (Leadership in Energy and Environmental
Design) certification program. The nine Platinum-certified branches are located in Mumbai, Chennai, Delhi, Bangalore and Pune, while the four
Gold-certified branches are situated in Gurgaon, Kolkata, Jaipur and
Chandigarh.
June 2023 - IndusInd Bank was appointed as an authorized ‘Agency Bank’ by the Ministry of Finance, Madhya Pradesh State Government. This appointment enabled IndusInd Bank for online collection of State
Government Revenue and Receipts such as GST and VAT, collection of stamp duty and pension amounts on behalf of the Madhya Pradesh state government.
June 2023 - IndusInd Bank partnered with Wise on multi-partner Indus Fast Remit platform to offer low-cost and seamless online inward remittance to India.
June 2023 - IndusInd Bank, as part of its CSR program ‘Institutions on Solar’, completed the installation of rooftop grid connected solar panels at Maharashtra Arogya Mandal’s Sane Guruji Arogya Kendra, Pune. The
installation is a large scale grid solar Photovoltaic system of 100-kW of energy, that will generate nearly 1,40,000 units of electricity yearly, thereby reducing carbon emission by over 113 Metric Tonnes.
August 2023 - IndusInd Bank and Tiger Fintech - a Bajaj Capital Group company, launched the IndusInd Bank Tiger Credit Card, a co-branded
credit card powered by Visa.
August 2023 - IndusInd Bank celebrated Onam by launching the NRI
Homecoming Festival in Kerala, where branches were decorated and a host of initiatives were planned to welcome the NRIs.
September 2023 - IndusInd Bank launched the ‘Virtual Commercial Credit Card', empowering corporates and travel agents for hassle-free
cross-border paymentS
September 2023 - IndusInd Bank announced its multi-year global partnership with the International Cricket Council (ICC), starting from
the ICC Men’s Cricket World Cup 2023. The Bank scaled up the Cricket World Cup experience by bringing cricket fans to #CheerForGreatness.
launched the #CheerForGreatness campaign. The Bank also scored big with the Anthem Companion programme at the ICC Men’s Cricket
World Cup 2023, where customers, employees and stakeholders were given the opportunity to get theirchildren to participate in the teams' walk out onto the field before the start of matches.
October 2023 - IndusInd Bank introduced ‘INDIE’, an innovative customer oriented digital banking app with multiple industry-first offerings
October 2023 - IndusInd Bank introduced a brand campaign for its new
digital banking app ‘INDIE’ during the ongoing ICC Men’s Cricket World Cup
2023
October 2023 - IndusInd Bank announced a strategic collaboration with
Viamericas for its re-launched Indus Fast Remit (IFR) platform
November 2023 - The Bank commemorated the festive season with the
launch of a ‘Loan Mela’ for all, replete with comprehensive financial,
credit & home loan offerings. The Bank also launched a special Loan
Mela for two-wheelers, construction equipment and passenger vehicles
November 2023 - IndusInd Bank went live with the RuPay Credit Card
on UPI with the launch of ‘IndusInd Bank Platinum RuPay Credit Card’, in
collaboration with the National Payments Corporation of India (NPCI).
November 2023 - IndusInd Bank associated with Indraprastha Gas Limited (IGL) to enable digital rupee transactions in Delhi NCR
December 2023 - IndusInd Bank launched the of IndusInd Bank eSvarna, India’s first Corporate Credit Card on RuPay network. The launch positioned the Bank as the first in the country to integrate UPI functionality with a Corporate Credit Card.
December 2023 - IndusInd Bank launched an industry-first community
banking program for Diamond Cohorts with the ‘Indus Solitaire Program’.
January 2024 - IndusInd Bank and EazyDiner collaboratively launched the EazyDiner IndusInd Bank Platinum Credit Card.
January 2024 - The Bank launched the UPI- enabled ‘IndusInd Bank Samman RuPay Credit Card’, in collaboration with National Payments
Corporation of India (NPCI).
February 2024 - IndusInd Bank and Bharat Financial Inclusion Limited
(100% subsidiary of IndusInd Bank) signed a Memorandum of
Understanding (MoU) with the State Government of Uttar Pradesh to focus on livestock healthcare management and welfare in the Western Uttar Pradesh region through their social initiative, Bharat Sanjeevani Program
March 2024 - The Bank launched Indus PayWear, India's first All-in-One tokenizable and contactless payments wearables for both debit and credit cards.
April 2024 - IndusInd Bank announced the successful execution of RBI’s programmable CBDC pilot, being the first Bank.
2022-2023
Milestone
July 2022 - IndusInd Bank partnered with MoEngage to deliver a differentiated digital experience for its customers.
August 2022 - The Bank partnered with M2P to deliver hyper-personalized offering across payments and lending, with first-of-its-kind solutions in India.
August 2022 - The Bank partnered with Rupyy to offer 100% paperless loans for used-cars.
September 2022 - IndusInd Bank announced a strategic partnership with Asian Development Bank (ADB) to support and promote Supply Chain Finance (SCF) solutions in India.
October 2022 - The Bank commemorated the festive season with the launch of an offers campaign, #BankOnHappiness, providing customers with a gamut of offers on a wide variety of brands.
October 2022 - The Bank launched IndusInd Bank Soundbox, a Standard QR based IOT payment acceptance device to help with merchants with instant confirmation of digital payments made to their IndusInd Bank account.
October 2022 - The Bank partnered with Kinetic Green to offer easy and affordable financing for the manufacturer’s range of electric two-wheelers.
October 2022 - To expand the Bank’s microfinance lending for women borrowers from rural communities of Jharkhand, Uttar Pradesh, and Bihar, IndusInd Bank executed a commitment letter with the United States International Development Finance Corporation (DFC) for a loan worth USD 150 Mn.
November 2022 - The Bank partnered with the Department of Panchayati Raj – Government of Uttarakhand, to provide banking and financial services in a fully digital manner through widest rural distribution network of Bharat Money stores, in more than 600 Nyaya Panchayats.
November 2022 - IndusInd Bank joined hands with Tata Motors to offer an exclusive Electric Vehicle Dealer Financing solution to their authorized passenger EV dealers.
January 2023 - In a first-of-its-kind initiative, IndusInd Bank partnered with British Airways and Qatar Airways to introduce a unique multi-branded credit card, powered by Visa.
February 2023 - IndusInd Bank proudly felicitated the Indian Blind Cricket Team for their historic three-peat win at the 3rd T20 World Cup for the Blind.
March 2023 - The Bank was appointed as an Agency Bank by RBI, authorized for the collection of Direct Taxes on the Income Tax Department’s recently launched payment platform, Tin 2.0.
March 2023 - The Bank launched a 360' campaign, #SavingsAccountHoTohAisa, featuring notable Indian Film Actor – Sidharth Malhotra. The campaign showcased the value proposition of the Savings Accounts offering in a way that resonates with customers' evolving banking needs and lifestyle.
April 2023 - The Bank’s GIFT City IBU branch entered into a USD 100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC), to foster the growth of Japanese construction equipment companies in India.
2021-2022
Milestone
The Bank unveiled a Zebu Bull sculpture at Worli, Mumbai.
June 2021 - The Bank launched a comprehensive digital lending platform called “IndusEasyCredit”.
July 2021 - IndusInd Bank joined hands with TP Central Odisha Distribution Limited for the launch of a fully digital payment network in the state.
August 2021 - The Bank granted support to para-athletes to qualify for Tokyo Paralympics 2022 by providing them with the necessary resources in their quests.
The Bank launched a redesigned website www.indusind.com to offer customers with an enhanced experience across devices such as desktops, laptops, mobile phones and tablets.
September 2021 - IndusInd Bank installed Solar panels at Sri Sathya Sai Sanjeevani Hospital Kharghar, Navi Mumbai, to help hospitals reduce carbon footprints.
October 2021 - The Bank launched EMI facility on Debit Cards.
November 2021 - The Bank announced the launch of the ‘Indus Merchant Solution’ app as a one-stop mobile app for merchants to carry out banking transactions digitally on a single platform.
December 2021 - The Bank joined hands with NPCI to offer cross-border payment through UPI for its money transfer operator partners.
January 2022 - The Bank announced the closure of its first set of structured derivative transactions.
February 2022 - IndusInd Bank has been directly integrated with E-NAM- National Agriculture Market portal for transactions between farmers and traders across India.
April 2022 - IndusInd Bank has been awarded with the ‘Outstanding Digital CX - SME Payments’ for its flagship mobile application for merchants – ‘Indus Merchant Solutions’.
April 2022 - IndusInd Bank has been awarded the global ‘Celent Model Bank’ award under the category of ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH).
2020-2021Blazing a trail
Milestone
The Bank in partnership with the Municipal Corporation of Greater Mumbai (MCGM) and supported by the Hinduja Foundation, unveiled a majestic sculpture of its brand identity - the ‘Zebu Bull’ at Worli, Mumbai
The Bank expanded its Video Banking platform; launched ‘Video KYC’ for savings account and credit card customers
The Bank launched India’s first mobile app based facility for opening current accounts in a paperless manner that enables the Bank to open current accounts for self-employed individuals and businesses digitally, in just a few hours.
The Bank completed its integration with CRMNEXT across all customer touch points
The Bank launched a redesigned website www.indusind.com to offer customers with an enhanced experience across devices such as desktops, laptops, mobile phones and tablets.
The Bank launched its new campaign #HarIndianKaComeback to celebrate the indomitable spirit of every Indian. As the nation slowly opens up to the “new reality “, people have started to step back into the world, a world which has changed, but is filled with possibilities.
The Bank became the first bank to go live on RBI’s Account Aggregator Framework
2019-2020Blazing a trail
Milestone
The Bank launched the super-premium ‘IndusInd Bank Celesta American Express Credit Card’ with a host of exclusive features. This super premium credit card which offers best-inclass rewards and benefits, has been created keeping the discerning needs of senior professionals and businessmen who are always on the go.
The Bank launched a campaign to celebrate turning ‘#Just25’ . The campaign takes inspiration from the 25 year olds of today and reflects IndusInd Bank’s ethos of being an innovator, an achiever with one cohesive goal of becoming India’s most Convenient Bank.
The Bank announced successful pricing of its inaugural USD denominated public bond for USD 400 million
The Bank introduced ‘PIONEER’ Banking – its Wealth Management platform which caters to the high net worth segment of customers. Based on state-of-the-art research capabilities of the Bank, this new service merges bespoke wealth management solutions with a wide array of personal & commercial banking products, curated to suit the requirements of the discerning few.
The Bank recorded the ‘highest’ growth in brand value amongst top global banks, according to ‘The Banker’s Top 500 Banking Brands 2020’ report. As per the report, the brand value of IndusInd Bank has increased by 122% over the past 12 months, making it the highest placed for growth in brand value, across the globe.
2018-2019Blazing a trail
Milestone
Introduced a new range of market first products, like the IndusInd Bank Duo Card - a Debit-cum-Credit Card, the IndusInd Bank Nexxt Credit Card - an interactive Credit Card with buttons and IndusAssist, banking on Amazon Echo.
The Bank was adjudged the Best Commercial Bank of the Year (India) and the Best Innovation in Retail Banking at the International Banker Awards, 2018. The Bank was awarded Best in Class Client & Supplier Collaboration at ELSC 2018 for Supply Chain Finance business and Best Bank – Supply Chain Finance at 4th SCM Pro Logistics and Supply Chain Awards on 8th December 2018.
The Bank has embarked on the journey of Digitization across its Corporate Banking channels and supported by Business Intelligence Unit, the entire Customer Experience has been revamped.
The Real Estate vertical has helped completion of residential projects and creation of commercial office capacity in the country having funded more than 125 projects till date.
The Bank has strong domain leadership in Microfinance and Diamond business. Disbursements under Microfinance touched Rs. 30,000 crore catering to ~5 million customers.
Debt Capital Markets has ranked in the domestic debt placement league tables at the no. 1 position in terms of number of deals and top 5 in the total volume of deals in both Bloomberg and Reuters.
Supply Chain Finance portfolio crossing Rs. 4,000 crore mark.
The branch network grew to 1,400 and ATMs to 2,203, across 713 geographic locations.
The Bank joined the Water Stewardship Programme launched by the Hinduja Foundation.
IndusInd Bank became the only financial services organization to be featured in CDP India A-List for 3rd consecutive year.
2017-2018Blazing a trail
Milestone
Received funding from OPIC ($225 million) & ABD ($200 million) for women borrowers under Microfinance.
Rural Distribution Service Point set up in partnership with Business Correspondents.
The Bank announced merger with Bharat Financial Inclusion Limited - one of the largest Microfinance Institutions in India.
The Bank won the Best Mid-Sized Bank award at BW Business World Magna Awards 2017.
Mr. Romesh Sobti, Managing Director and CEO, was honoured with the Best Banker Award.
Introduced business verticals with specific focus on segments like Education, Logistics, Pharma, Healthcare, etc.
Third initiative under the Sports Vertical launched – the Girl Power Programme that supports 60 girl athletes.
The Bank launched Get Set Run - An employee engagement initiative with the objective to have a healthy and happy workforce.
MoU with CSC for educating 3,00,000 people on digital literacy in three years commenced, spread across 275 districts in 11 States.
Green Procurement - Server Virtualization resulted in saving of emissions of 1,811 MT CO2.
2016-2017LEADING THE WAY
Milestone
Another market-first product was launched - Fingerprint Banking through a campaign featuring Farhan Akhtar and Boman Irani.
The Bank was ranked 12th in the BrandZ Top 50 Most Valuable Indian Brands 2016, by Millward Brown and WPP.
The Bank introduced specialized approach in catering to industries and created business units in Healthcare, Education, Logistics, Pharma, MNC and Financial Services.
Launched IndusInd For Sports to promote sporting ideals like human values, inclusion and sustainability.
The Bank supported 18 para–athletes under the Sports vertical in partnership with GoSports Foundation. Their run for glory at the Paralympics 2016 was supported by the campaign #JeetKaHalla.
The Bank successfully implemented 1st Large CSR Project - Water Conservation Project in Satara with the rejuvenation of Check Dam at Dighewadi impacting 110 acres of land and benefitted more than 1 lakh villagers.
The Bank adopted the Indian Blind Cricket Team as principal sponsors with CABI and Samarthanam, which went on to win the T20 World Cup by defeating Pakistan.
The Bank published its 1st Integrated Report.
2015-2016MAKING A DIFFERENCE
Milestone
The Bank acquired Diamond & Jewellery Financing business of RBS in India.
The Bank reached the milestone of 1,000 branches.
Raised Rs. 5,081 crore through Qualified Institutions Placement (QIP-4) and Preferential Issuance to the Promoter Entities.
The Bank gave a commitment to the Ministry of Renewable Energy in 2015 for financing 2 GW in 5 years; by January 2019, the Bank has already achieved funding of 3.7 GW of projects.
The Bank partnered with Samhita for creating awareness among women on their legal rights and financial education. More than 5,000 women have been trained and the aim is to cover 65,000 women over 3 years in Madhya Pradesh.
The Bank achieved leadership in Carbon Disclosure Project (CDP) in the Indian Corporate Sector.
2014-2015Delivering Conveniences
Milestone
Inaugurated India's first Digital Branch at IndusInd Cybercity Station at Rapid Metro, Gurgaon.
Launched Video Branch service with a multi-media campaign featuring Farhan Akhtar.
The Bank was ranked 19th in the BrandZ list of Top 50 Most Valuable Indian Brands, by Millward Brown.
The third Currency Chest was launched in Chennai.
Project Finance business catering to infrastructure development with focus in renewable energy, road sector, water management, power transmission/distribution was created.
Real Estate segment was launched for Corporate Clients.
The Bank achieved its 1st Green Branch certification – LEED Gold rating from the US Green Building Council.
2013-2014Becoming Customer-Centric
Milestone
Launched the market-first product - My Account My Number, with a multi-media campaign featuring Sharman Joshi.
The Bank also launched the Indulge Credit Card, the first Credit Card in India with 22 K gold inlay.
The Bank stock was included in the NIFTY 50 benchmark index.
21,679 kwh of energy was generated through solar installation at the Bank's owned premise at Karapakam, Chennai, which was the pilot project for a larger power output.
2012-2013Charting Newer Territories
Milestone
Raised Rs. 2,000 crore through Qualified Institutions Placement (QIP-3).
The first Currency Chest of the Bank was launched in Mumbai and the second one in New Delhi.
The Bank launched Micro Finance Institution (MFI) through the Business Correspondent (BC) Model.
Micro Finance Business Correspondent program was awarded "Certificate of Merit" under Top 50 products by Skoch India.
IndusInd Bank successfully completed installation of 100 Solar Powered ATMs and achieved emission savings of 154 MT CO2.
2011-2012PIONEERING INNOVATIONS
Milestone
The Bank launched a brand campaign for market-first products - Direct Connect, Quick Redeem Service, Cash-on-Mobile ATM, featuring Neetu Kapoor & Jimmy Shergill. Crossed 300 branches in India.
Signed an MoU with HDFC Ltd. for Home Loans.
The Bank acquired Deutsche Bank's Credit Card business in India.
2010-2011Differentiating Ourselves
Milestone
Responsive Innovation became the DNA of the Bank with the introduction of Choice Money ATM, Open 365 Days and Check-On-Cheque. The same were launched with a multi-media campaign featuring Ranveer Shourey.
Raised Rs. 1,173 crore through Qualified Institutions Placement (QIP -2).
The Bank launched new products and business segments including PSU Banking, Structured Finance and Structured Trade.
Under the Hum Aur Hariyali Campaign, the Bank commenced its Green Initiatives viz. conversion to LPG/CNG vehicles, recycled papers, e-statements, usage of CFL/LED lights, thin computing, adopt a plant campaign, etc.
2009-2010BREAKING NEW GROUNDS
Milestones
Unveiled a new advertising campaign, featuring actors Omi Vaidya and Shruti Seth, which highlighted customer friendly services such as Mobile Alerts, Online Payments and Ready2Use Savings Account Kit.
Raised Rs. 480 crore through Qualified Institutions Placement (QIP-1).
The Bank started a unit for Microfinance.
The Bank launched new products for Corporate Clients expanding our offerings to include Loan Syndication, Micro Finance and Warehouse Finance.
Pioneered the concept of Solar ATMs by installing the 1st solar powered ATM in Maharashtra.
Launched Green Champions Program for employee engagement on environmental and social activities with the on boarding of 75 Green Champions.
2008-2009DIVERSIFYING OFFERS
Milestones
The Bank launched a host of Savings and Current Account products with a focus on growing the Consumer Banking portfolio.
There was a focused effort on strengthening our Product Delivery capabilities across all product groups - Global Markets, Transaction Banking and Investment Banking.
Corporate & Institutional and Commercial Banking business verticals were established to cater to all Corporates.
Public Sector vertical was established to cater to varied Banking requirements of Public Sector Clients at Central as well as at State Levels.
Financial Institution Group was created to develop Correspondent Banking relationship with multinational Banks in different geographies.
Raised Rs. 222 crore through issuance of Global Depository Receipts (GDR-2).
2007-2008STRENGTHENING
Milestones
Mr. Romesh Sobti joined the Bank as its Managing Director and CEO, along with five of his colleagues, from RBS Bank.
Soon after, the Corporate and Commercial Banking Unit was commissioned with the aim of providing financial and banking solutions to small, mid and large sized corporates.
2001-2003PROVIDING CONVENIENCE
Milestones
The Bank forayed into Mobile Banking and offered it to its customers across the country.
During the same period the Bank also introduced 'lndusNet' - its Internet Banking platform as well as Phone Banking services.
Also introduced a suite of loan products - Housing, Personal and Auto.
1994-1995BEGINNING
Milestones
Mr. Srichand P. Hinduja, a leading NRI businessman and head of the Hinduja Group, conceived the vision of IndusInd Bank.
The Bank was formally inaugurated in April 1994 by Dr. Manmohan Singh, the then Finance Minister of India. The Bank began its operations with USD 35 million with the first branch being opened at Opera House, Mumbai.