Indusind Bank has 385 branches across India spread over 27 states and union territories.
Uttar Pradesh state, with 50 branches has the largest number of Indusind Bank branches in India followed by Maharashtra state with 46 branches and Tamil Nadu state with 39 branches.
Statewise distribution of Indusind Bank branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
Indusind Bank is a Private Bank in India with 801 branches, 1,487 ATM's and 19,121 employees across the country.
Indusind Bank's registered office is located at 2401, General Thimmayya Road, Cantonment, Pune-411001, Maharashtra India
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 3,420 crs and Standalone net profit of Rs. 1,794 crs. Indusind Bank reported total deposits of Rs. 74,134 crs and total advances of Rs. 68,788 crs.
Indusind Bank's management is led by its CEO Mr.Romesh Sobti.
Highest fixed deposit interest offered by Indusind Bank is % per annum on deposits.
Its current Base Rate is 10.60%, which was last revised on 19th Oct 15.
Private sector lender IndusInd Bank has raised Rs 1,000 crore by issuing bonds compliant with Basel III standards. The boards of directors have passed the resolution for issuance of Basel III compliant bonds towards non-equity additional tier I capital for cash aggregating to Rs 1,000 crore on private placement. The bonds have been rated stable AA both by Crisil and India Ratings and Research.
IndusInd Bank is planning to expand its credit card portfolio while capping the exposure of unsecured loan book at 5 percent. The bank expects to grow its credit card portfolio in tandem with the expected growth of 30 percent in its overall loan disbursements.
IndusInd Bank has registered a 29 percent increase in its net profit reported at Rs. 750 crore for October to December quarter in FY17. The bank achieved a growth of 25 percent in its retail and corporate loan book in the third quarter of FY17. The bank did not experience any significant slowdown in other retail and SME loan segments including loan against property, business and vehicle loan.
IndusInd Bank has reduced its 1 year Marginal Cost of Fund Based Lending Rate (MCLR) by 15 basis point (bps) to 9.75 percent from 9.9 percent. The change are effective from 26th August, 2016. The interest rates of home loans that have been disbursed after 1st April 2016 are linked to 1 year MCLR. For borrowers who have taken a home loan from IndusInd Bank after 1st April 2016, the reduction in MCLR will translate into a reduction in their home loan rates and hence their interest outgo. However, if you have taken the home loan at fixed interest rate then your interest expense will remain unchanged.
IndusInd Bank has tied up with IBM to use its cloud commerce solutions to convert customer arrangements and boost its cross-sell platforms. In an agreement of three years, IBM will provide a cloud and predictive analytics based multi-channel campaign managing solution that enables IndusInd Bank to build up its online banking presence while improving the product holding per customer. Using customer behavior analysis and real-time contextual advertising, banks can make sure that customers relating with the bank on any channel will receive relevant and timely communications.
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