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.
Awarded the 'Best Priority Sector Bank' amongst the private sector banks by Duns & BradstreetAwarded the 'Technology Bank of the Year-2009' from IBARecognised for 'Best Performance in Credit Quality' by inancial Express
Most Improved Bank Performance of the Year’ awarded by Bloomberg UTV Financial Leadership Awards 2011Winner of ‘Best Use of technology in training and e-Learning Initiatives’ awarded by IBA Banking Technology Awards 2010Runners up of ‘Best Risk Management’ Initiatives awarded by IBA Banking Technology Awards 2010Silver winner of ‘Excellence in Business Process Management and Work flow in Australia and Asia Region’ Global awards by Workflow Management Coalition and BPM.com, USATalisma User awards for ‘Enterprise Adoption’ of CRM– 2010Ranked 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
Awarded as the “Best Bank Mid-sized” in Businessworld–PwC Best Banks Survey 2011Awarded as the “Best Mid-Sized Bank Bank” in Business Today –KPMG Best Banks Survey 2011Awarded M.IT.R- 50 Marketing & IT Recognition Program amongst top 50 brands –organised by Paul Writer in association with IBMThe 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 SurveyAwarded the “Best Bank in New Generation Category ” by the STATE FORUM OF BANKERS CLUB KERALAAwarded “Most Improved Bank Performance of the Year” at Financial Leadership Awards 2012 (Bloomberg UTV)
IBA Banking Technology Awards1st Runners- Up Best Risk Management & IT Security Best Use of Technology in training & e Learning2nd Runners-Up Best Online Bank Best use of Business Intelligence Best use of Mobility technology in BankingAwarded “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 SecurityNASSCOM IT User Award 2012 for “Environmental Sustainability” (Frost & Sullivan)
IndusInd Bank launches Indus Forex Card
Suzuki Two-Wheelers and IndusInd Bank tie up for Retail Finance
IndusInd Bank enhances its core banking system to Finacle 10.2 version
Banking Frontier - Finnoviti Awards 2013 for My Account My Number
Best Bank Award Customer Management and Business Intelligence Initiatives among Small Banks 2012-13 by IDRBT.
IndusInd Bank and American Express announce strategic partnership with the launch of the new IndusInd Bank Iconia American Express® Card
IndusInd Bank inaugurates India’s first Digital Branch at Rapid Metro station, Gurgaon
IndusInd Bank and Jet Airways announce strategic partnership with the launch of the new Jet Airways IndusInd Bank Credit Cards
IndusInd Bank launches VIDEO BRANCH
CISO Awarded one of the Top 100 Chief Information Security Officer awards 2014
Project 'IndusInd Bank Partnership Program' declared as Winner for Financial Inclusion and Payment Systems (FIPS) Awards 2014.
Awarded Best Mid-size Bank and Fastest Growing Mid-size Bank Business World - PwC Best Bank Survey 2014.
Indusind Bank has inked an agreement with Worldpay to offer domestic acquiring services in India
Indusind Bank has entered into an agreement to acquire Diamond & Jewellery financing business and related deposit portfolio of Royal Bank of Scotland N.V. in India
Induslnd Bank launched the Chelsea FC Co-Brand Credit Card
Induslnd Bank launches ''Onthego'' Social banking.
Indusind Bank completes acquisition of Royal Bank of Scotland’s Diamond & Jewellery Financing business in India
IndusInd has launched customer responsive service called QuickPay, which allows its customers to send money instantly to their personal contacts and/or business parties through SMS, E-mail and social media platforms
IndusInd Bank partners with PayU India to revolutionize Digital Banking & Payments
IndusInd Bank bags 3 awards from IBA
IndusInd Bank signs MoU with Indian army
IndusInd Bank launches ''IndusInd For Sports''- a non-banking sports vertical
IndusInd Bank opens IFSC Banking Unit at GIFT City
Indusind Bank sings 3 year strategic agreement with IBM
IndusInd Bank Paytm partners with Indusind Bank to offer financing options for booking of two-wheelers
IndusInd Bank enters into an agreement to acquire IL&FS Ltd’s Securities Services Subsidiary
IndusInd Bank launches IndusForex.com - one stop portal for all foreign exchange needs
IndusInd Bank Wins Celent Model Bank of the Year Award For Growing Revenue While Managing Fraud; Endorsement of Clari5’s ‘Yin & Yang’ Approach to Fraud Management and Cross-sell
IndusInd Bank partners with SunTec to roll out GST
IndusInd Bank partners with one of India’s largest CNG provider for cashless payment solutions
IndusInd Bank and Bharat Financial Inclusion Announce Merger