IndusInd Bank Limited

Sector: Banks

Core Business Activity

Provides universal banking services including consumer banking, corporate banking, treasury operations, vehicle finance, microfinance, and wealth management.

Sub Brands

INDIEPIONEERIndus PayWearIndus SolitaireIndusWEIndus SolarIndus Fast Remit (IFR)Indus EasycreditIndus Grande

Market Reach

India Presence

Extensive operations across India, covering all states and major union territories, with a significant rural presence through its subsidiary.

Maharashtra(Corporate Office)

Expansion Plans:

No specific local expansion plans mentioned beyond continuing to grow the branch network and digital reach.

Global Presence

Presence in key international financial hubs through representative offices and an IFSC Banking Unit.

United Arab Emirates(Representative Office)United Kingdom(Representative Office)

Global Expansion Plans:

No specific global expansion plans mentioned.

Products & Services by Segment

People & Operations

Key Personnel

Mr. Sunil Mehta - Independent Director, Part-time Chairman
Mr. Sumant Kathpalia - Managing Director & CEO
Mr. Arun Khurana - Whole-time Director (Executive Director) & Deputy CEO
Mr. Gobind Jain - Chief Financial Officer
Mr. Anand Kumar Das - Company Secretary

Workforce

Approx. Employee Count:49,699 employees (Standalone as of March 31, 2024)

Key Dependencies

Indian GDP growth, Regulatory policies (RBI), Interest rate movements, Consumer spending patterns, Technological advancements in banking.

Competitive Advantage

Leadership in specific niches (Vehicle Finance, Microfinance, Gems & Jewellery), Differentiated digital proposition (INDIE), Extensive physical and digital distribution network, Strong promoter group support, Focus on customer-centricity and ESG integration.