IndusInd Bank Ltd - Company Profile
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IndusInd Bank Ltd (IndusInd Bank) is a banking and financial services company serving individual, business, corporate, government and institutional customers. Its activities include deposit taking, lending, payments, card services, investment distribution, foreign exchange and financial grievance support. The bank’s lending solutions include loans for homes, cars, personal requirements, gold, auto, property, securities, credit cards, and businesses. Its deposit solutions consist of current, savings, and salary accounts; fixed deposits; and senior citizen schemes. The bank offers debit, credit, forex, and commercial cards, and life and non-life bancassurance solutions. Furthermore, IndusInd Bank offers a range of services, including remittances, structured credit, project finance, foreign exchange, debt underwriting and placement, advisory services, cash management, and supply chain finance. The bank has operations in India and representative offices in Dubai, Abu Dhabi, and London. IndusInd Bank is headquartered in Mumbai, Maharashtra, India.
IndusInd Bank Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cards: | Online Banking | IndusInd |
| Credit | Forex Services | |
| Debit | Remittance | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In September, the bank launched an Overdraft (OD) and Cash Credit (CC) linked corporate credit card designed to give businesses greater control over cashflows, improved operational efficiency, and smarter utilization of sanctioned credit limits. |
| 2026 | Contracts/Agreements | In September, the bank expanded its partnership with HYROX India, spanning across multiple cities including Ahmedabad, Bengaluru, and Noida. |
| 2026 | Contracts/Agreements | In September, the bank partnered with Navi UPI to strengthen the technology infrastructure supporting its UPI operations. |
Competitor Comparison
| Key Parameters | IndusInd Bank Ltd | Axis Bank Ltd | Canara Bank | Punjab National Bank | Kotak Mahindra Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Bangalore | New Delhi | Mumbai |
| State/Province | Maharashtra | Maharashtra | Karnataka | Delhi | Maharashtra |
| No. of Employees | 46,694 | 101,337 | 81,827 | 106,420 | 60,357 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arijit Basu | Chairman | Executive Board | 2026 | - |
| Rajiv Anand | Managing Director; Chief Executive Officer; Director | Executive Board | 2025 | - |
| Viral Damania | Chief Financial Officer | Senior Management | 2025 | - |
| Ravi Kumar Pangal | Chief Information Officer | Senior Management | 2026 | - |
| Sheran Mehra | Chief Marketing Officer | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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