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
Esta historia es de la edición October 24, 2022 de Dalal Street Investment Journal.
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Esta historia es de la edición October 24, 2022 de Dalal Street Investment Journal.
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