2. Introduction
Indusland Bank
IndusInd Bank derives its name and inspiration from the Indus Valley civilisation -a
culture described by National Geographic as 'one of the greatest of the ancient
world' combining a spirit of innovation with sound business and trade practices.
Board of Directors
– Mr. R. Seshasayee - Chairman
Dr. T. T. Ram Mohan
– Mr. Romesh Sobti – Managing Director
3. RATINGS:
‘ICRA AA’ for Lower Tier II subordinate debt program and ‘ICRA AA-‘ for Upper Tier
II bond program by ICRA. ‘CRISIL A1+’ for certificate of deposit program by
CRISIL. ‘CARE AA’ for Lower Tier II subordinate debt program by CARE. ‘Fitch
AA-‘ for Long Term Debt Instruments and ‘Fitch A1+’ for Short Term Debt
Instruments by Fitch Ratings.
4. Bank of Maharashtra
• Maharashtra has a long history of commercial activity since ages because of its strategic location
in Indian sub continent and its large natural resources.
• Maharashtra has been a progressive region and the Banking activity was also started in this
region quite early. Historically speaking, the Bank of Bombay established in 1840 was the first
Commercial Bank in Maharashtra.
5. Comparison btw the deposit schemes
Deposites schemes
of
B.O.M
Saving deposit Current Deposit Term Deposit
6. Deposites schemes
of
Induslnd bank
Regular Recurring
Sweep in/out Young Saver Senior Deposit
Deposit
