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Indusind Bank
SectorFinancial Services
IndusInd Bank Limited is one of the largest private sector banks in India, offering a wide range of financial services. The bank operates through various business divisions including Corporate Banking, Retail Banking, Treasury, Foreign Exchange Operations, Investment Banking, and Capital Markets. It provides multi-channel facilities such as ATMs, net banking, mobile banking, and international debit cards. IndusInd Bank has a network of 2,984 branches and 2,956 ATMs across India as of March 2024. The bank's balance sheet crossed Rs 5 lakh crore, with deposits of Rs 3,84,586 crores and loans of Rs 3,43,298 crores. Its total income stood at Rs 30,012 crores as of March 2024. The bank offers products like microfinance, personal loans, vehicle loans, credit cards, and SME loans. It also provides wealth management services, managing Assets Under Management of Rs 2,50,540 Crores through various investment products.
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IndusInd Bank targets 16-17% credit growth in FY27
IndusInd Bank expects microfinance growth from Q2 after crisis
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IndusInd Bank falls for fifth straight session at ₹993.7
IndusInd Bank targets 1% RoA by FY27 after governance crisis
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Crisil upgrades IndusInd Bank outlook to 'stable', stock gains 43%
IndusInd Bank gets RBI nod for stock broking subsidiary
IndusInd Bank launches EazyDiner Platinum Credit Card on RuPay
IndusInd Bank unveils 3-year growth roadmap, targets FY29 outperformance
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IndusInd Bank shares crash 6% despite 47% profit surge to ₹1,003 cr
IndusInd Bank Q1 profit jumps 72% YoY to ₹1,037 crore, shares fall 6%
IndusInd Bank Q1 Results: 47% profit surge to ₹1,003 crore
Company insights, generated from the most recent coverage.
Bancassurance is ~18% of FY27 PBT — the highest share of any major private bank — so IRDAI's 2-5% loan-linked and product-wise caps hit IndusInd harder than any peer, compounding an already stressed earnings base.
IndusInd Bank faces a severe governance crisis after ₹1,530 crore derivative losses and delayed disclosures, leading to RBI-mandated resignations of the CEO and deputy, severely damaging investor confidence.