Profit

NSE Symbol: | BSE Code: | ISIN: | Sector:

  • Add to Portfolio
  • Add to Watchlist
  • Add to Alert
  • Add to Message
Add to Portfolio
NSE
1342.65
Change Change %
2.55 0.19%

Updated:18 Oct, 2019, 15:59 PM IST

BSE
1341.65
Change Change %
1.85 0.14%

Updated:18 Oct, 2019, 16:01 PM IST

Indusind Bank incorporated in April 1994 derives its name from the Indus Valley civilisation. The bank was the vision of Srichand P Hinduja, a Non-Resident Indian businessman and head of the Hinduja Group.

A decade after its incorporation, June 2004, the bank was merged with Ashok Leyland Finance, which is among the largest leasing finance and hire purchase companies in India.

IndusInd Bank has emerged as one of the fastest-growing banks in the banking sector in India. Currently its has a network 180 branches along with 183 ATMs. 

IndusInd Bank, which began in 1994, boats of 573 branches, and 1055 ATMs spread across 392 locations of the country. We also have representative offices in London and Dubai, catering to every need of the customer.

It is the first Indian bank to receive ISO 9001:2000 certification for its corporate office and its entire network of branches.

The bank has entered into a strategic alliance with Religare Securities for offering a value-added 3-in-1 savings accounts-linked package to customers -? comprising a savings bank account, a depository account, and an Internet trading account.

Products and Services

In personal panking it offers a wide range of products and services like deposits, loans, investments, insurance, forex services, demat services, online services and wealth management services.

In NRI banking it offers money transfer, investment products such as international deposits, mutual funds, online share trading, etc. The bank also offers property solutions and insurance loana.

Awards/Achievements

2009-10

Awarded the 'Best Priority Sector Bank' amongst the private sector banks by Duns & Bradstreet
Awarded the 'Technology Bank of the Year-2009' from IBA
Recognised for 'Best Performance in Credit Quality' by inancial Express

2010-11

Most Improved Bank Performance of the Year? awarded by Bloomberg UTV Financial Leadership Awards 2011
Winner of ?Best Use of technology in training and e-Learning Initiatives? awarded by IBA Banking Technology Awards 2010
Runners up of ?Best Risk Management? Initiatives awarded by IBA Banking Technology Awards 2010
Silver winner of ?Excellence in Business Process Management and Work flow in Australia and Asia Region? Global awards by Workflow Management Coalition and BPM.com, USA
Talisma User awards for ?Enterprise Adoption? of CRM? 2010
Ranked 2nd in the fastest growing Bank (mid-size) category ? published in ?India?s Best Banks? report by Business World and PWC
?Excellence Award? as the 2nd best New Generation Bank in Kerala for the second consecutive year awarded by the State Forum of Bankers Clubs, Kerala

2011-12

Awarded as the ?Best Bank Mid-sized? in Businessworld?PwC Best Banks Survey 2011
Awarded as the ?Best Mid-Sized Bank  Bank? in Business Today ?KPMG Best Banks Survey 2011
Awarded M.IT.R- 50 Marketing & IT Recognition Program amongst  top 50 brands ?organised by Paul Writer in association with IBM
The CII Environmental Best Practice Award 2012 for the ?Most Innovative Project?
Awarded in the ?Business Enterprise Services? category for running ATMs on solar power ? Organised by Panasonic Green Globe Foundation
Awarded the status of ?Star Brand 2011 ICMR Star Brands of India Survey
Awarded the ?Best Bank in New Generation Category ? by the STATE FORUM OF BANKERS CLUB KERALA
Awarded ?Most Improved Bank Performance of the Year? at Financial Leadership Awards 2012 (Bloomberg UTV)

2012-13

IBA Banking Technology Awards
1st Runners- Up
   Best Risk Management & IT Security
   Best Use of Technology in training & e Learning
2nd Runners-Up
   Best Online Bank
   Best use of Business Intelligence
   Best use of Mobility technology in Banking
Awarded ?The best bank award among small banks for ?IT for Operational Effectiveness? by Institute for Development and Research in Banking Technology (IDRBT).?
Awarded ? Top Green IT Enterprise Award 2012 ? CIO Magazine?
CISO - Awarded one of the Top 100 Chief Information Security Officer awards 2012, organized by InfoSecurity Magazine and iViz Security
NASSCOM IT User Award 2012 for ?Environmental Sustainability? (Frost & Sullivan)

Top