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IndusInd Bank

IndusInd Bank came into existence in 1994 and is an outcome of the vision of Mr. Srichand P. Hinduja, the head of the Hinduja Group. The Bank derives its name and inspiration from the Indus Valley Civilisation.

IndusInd Bank has carved a niche for itself in technology-supported, cost-efficient, and customer-friendly banking. Starting with Corporate and Wholesale Banking the Bank has now forayed aggressively into Retail Banking as well.

IndusInd Bank launched Internet Banking in 1996 and Mobile Banking in 1997, well in advance of other Indian banks. In 2002-03, the Bank became one of the first banks to implement the RBI – Electronic Funds Transfer scheme. In 2003-04, the Bank became the first Indian Commercial Bank to achieve certification for its “Entire Network of Branches” under the ISO 9001:2000 Quality Management System.

Presently (2004-05), the Bank has a business turnover of over Rs. 22000 crores and a network of 115 branches, 9 extension counters and 195 ATMs, spread over 95 geographical locations.

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