2. Type = Scheduled Bank
Traded as = NSE : INDUSINDBNK
Industry = Banking and Financial service
Founded = 1994 , Mumbai
Founders = Srichand P. Hinduja
Key people = Romesh Sobti (CEO)
Revenue = Rs. 82.5 billion
3. OVERVIEW….
The bank was incorporated on January and
obtained Certificate of Commencement of Business
in February 1994.
1200,00,000 No. of Equity shares issued.
The bank proposed to set up an investment bank
as a subidiary of the bank for concentrating on
various faces of investment banking viz. issue
management, corporate advisory service,
infrastructure financing, mergers and acquisitions,
trading and depository services etc.
6. RECENT NEWS…
-Indusind Bank opens it's first Currency Chest in
Mumbai.
IndusInd Bank introduces new foreign currency pre-
paid travel card
-IndusInd Bank inaugurates its first Solar-powered
ATM in Mumbai
lndusind Bank launches "new look branch model" at
Bandra
7. AGREEMENTS…
Suzuki Motorcycle partners with IndusInd Bank to
offer retail customer finance.
It also makes agreement with Finacle from Infosys
for its core banking transformation.
IndusInd Bank enters into an agreement with
Deutsche Bank to acquire its credit card business in
India.
8. TIE UPS..
-IndusInd Bank ties-up with Tata Motors for dealer
financing
It ties-up with Ashok Leyland for Channel
Financing
Mahindra's Automotive Sector ties up with Indusind
Bank for vehicle finance.
Indusind Bank Ties Up With Maruti Suzuki India Ltd
9. PROFIT & LOSS - INDUSIND BANK
Mar'14 Mar'13 Mar'12 Mar'11 Mar'10
12Months 12Months 12Months 12Months 12Months
INCOME:
Sales Turnover 8253.53 6983.23 5942.39 4036.13 3099.24
Excise Duty .00 .00 .00 .00 .00
NET SALES 8253.53 6983.23 5942.39 4036.13 3099.24
Other Income 0 0 0 0 0
TOTAL
INCOME
10144.06 8346.19 6371.40 4298.26 3294.76
12. AWARDS…
IndusInd Bank bags the IBA award for 'Best use of
technology in E-learning – 2010
-IndusInd Bank awarded the ‘Most Improved Bank
Performance of the Year 2011.