IndusInd Bank was inaugurated in April 1994 by Dr. Manmohan Singh, the then Union Finance Minister, and started operations under the chairmanship of S P Hinduja with the main goal of serving the NRI community. The Indus Valley Civilisation, one of the best historical examples of the fusion of innovation with ethical business and trade practices, served as the inspiration for the name IndusInd Bank. It is the first among the new-generation private banks in India. With approximately 2,000 branc++hes nationwide, more than 5,000 distribution points and over 2.5 crore customers, IndusInd Bank is a universal bank with a widespread banking footprint.
It provides a wide range of products and services to both individuals and businesses, such as microfinance, credit cards, personal loans, vehicles loans and loans for small-sized and medium-sized businesses. It is also a preferred banking partner for numerous government agencies, PSUs and large corporations. Some of the bank’s primary goals under its vision include being a relevant banking partner, collaborating with all stakeholders to deliver sustainable growth and leading the market in terms of productivity, technology and efficiency.
Sector Overview
هذه القصة مأخوذة من طبعة October 24, 2022 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 24, 2022 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
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U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
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Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
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What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
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