IndusInd Bank Limited is a prominent Indian private sector bank and financial services company. Founded in the year 1994 by S.P. Hinduja, it was among the first new-generation private sector banks to receive a banking licence from the RBI. The bank commenced operations with an initial capital of USD 35 million and a first branch office in Mumbai. IndusInd Bank is promoted by the Hinduja Group, which holds 16% stakes in it. The bank went public with an IPO in 1997.
| Particular | Details |
| Bank Name | IndusInd Bank Limited |
| Type | Private Sector |
| Founded | April 1994 |
| Founder | S.P. Hinduja |
| Headquarters | Mumbai, Maharashtra, India |
| MD & CEO | Rajiv Anand |
| Chairman | Sunil Mehta |
| Regulator | RBI |
| Services | Retail Banking, Corporate Banking, Wealth Management and more |
| Branch Network | 3116 |
| Customer Base | 4.2 crore |
| Total Deposits | INR 3.94 lakh crore |
| Total Advances | INR 3.18 lakh crore |
| CASA Ratio | 30.3% |
| Bank Type Focus | Consumer and Wholesale Banking |
| Official Website | www.indusind.bank.in |
Net Worth and Market Cap
Net Worth of IndusInd Bank Limited was INR 62,532 crore on 31st March 2025. Its current market capitalisation is INR 70,510.26 crore.
Corporate Leadership
Rajiv Anand is the Managing Director and CEO of IndusInd Bank Limited since August 2025. Chairman of the Board of Directors and Non-Executive Independent Director of the bank is Sunil Mehta. Chief Financial Officer of the bank is Viral Damania.
Key Products and Services
IndusInd Bank provides a wide suite of retail banking products and services for individual customers. Savings account options include zero balance savings, senior citizen savings, corporate salaried accounts and uniformed personnel accounts. A number of credit card options are offered to the customers, such as Platinum RuPay credit card, EazyDiner credit card, Avios Visa Infinite credit card and more.
Corporate and business banking solutions are focused on SMEs, large corporates and commercial needs. These include digital business loans, trade finance, treasury services, corporate mobile banking and integrated platforms like IndusConnect Online for 24/7 monitoring and payments.
Investment services are available for mutual funds, National Pension System, government securities, alternate investments and more. Multiple kinds of insurance products, including life, health, business insurance and family protection, are also offered by the bank.
Operations and Network
IndusInd Bank Limited has its headquarters in Mumbai, Maharashtra, India. Its network comprises of 3116 branches or banking outlets and 3054 ATMs across India. The network also serves 164,000 villages in the country. The bank has a particularly strong presence in South India, with over 800 branches.
IndusInd Bank operates representative offices in Dubai and Abu Dhabi for mainly NRI and trade services.
