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company profile
IndusInd Bank
Gautam Kumar
February 18, 2021 04:02:07 PM
5 minutes
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IndusInd Bank
The
bank
started
its
operations
with
₹100
crores
(10
billion)
in
capital,
of
which
₹60
crores
were
raised
by
Indian
residents
and
₹40
crores
were
raised
by
Non-Resident
Indians
(NRI).
The
bank
specializes
in
retail
banking
services
and
is
also
working
on
expanding
its
network
of
branches
all
across
the
country.
According
to
the
bank,
its
name
is
derived
from
the
Indus
Valley
Civilisation.[6] As
on
31
December
2018,
IndusInd
Bank
had
1,558
branches,
and
2453
ATMs
spread
across
different
geographical
locations
of
the
country.[7]
It
also
has
representative
offices
in
London,
Dubai
and
Abu
Dhabi.[8]
Mumbai
has
the
largest
number
of
bank
branches
followed
by
New
Delhi
and
Chennai.[9]
The
bank
has
proposed
to
double
its
branch
count
to
1200
by
March
2019.[10]
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