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Indusind Bank Ltd

  • Writer: Bapan Acharjee
    Bapan Acharjee
  • Dec 14, 2024
  • 1 min read

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IndusInd Bank Ltd, a 30-year-old public bank, is now managed by Mr. Sunil Mehta (Chairman), Mr. Sumant Kathpalia (MD & CEO), and Mr. Gobind Jain (CFO) and they have 45,600 plus employees. The bank's number of branches is 3,040 in India, besides that, they have global representative offices in London, Dubai, and Abu Dhabi. Their services include risk management, wealth management, mortgage loans, private banking, credit cards, investment banking, mutual funds, retail banking, etc. IndusInd Bank launched its IPO in 2002 at a face value of Rs 16.80 and it has -32.05% down in the last 5 years. However, their revenue is 55,144 crore and net profit is 8,977 crore for FY 2023-24.

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