Indusind Bank Ltd

The fist new generation bank of India named Indusind Bank Ltd., is headquartered of Mumbai of Maharashtra state. This bank was founded of 1994 with the aim to turn all types of commercial, transactional and electronic banking services hassle free and appealing.

The then Finance Minister of India, Dr. Manmohan Singh was the key incorporator of this bank of 1994. Indusind Bank Ltd., has an identity of being the first of the new-generation private banks of the country.

The startup capital collected for the operation of Indusind Bank Ltd., was Rs.1,000 million out of that Indian masses donated Rs.600 million whereas the Non-Resident Indians raised the rest Rs.400 million. Major focus of this bank remains on the retail banking although its corporate banking services are equally effective.

Introduction of new technologies on regular intervals and expanding branch networks of the country since its inception make it highly visionary banking entity. Indusind Bank Ltd., is a brainchild of a truly Indian approach towards banking with a vision to adopt advanced technology—hence its name an inspiration from Indus Valley civilization.

Prominent Non-Resident Indian businessman, Srichand P. Hinduja took interest to conceive Indusind Bank Ltd., vision. The aim of this bank is to cater to the needs of both consumer and corporate customers with its multiple banking services and excellent financial solutions.

Indusind Bank Limited Details:

IFSC Code of Banks of India