Established in: 1994
Managing Director: Rajiv Anand
Indusind Bank Limited is one of India’s new generation private sector banks, headquartered in Pune, India. It provides a wide range of banking services from retail and corporate banking to microfinance, vehicle financing and wealth management.
Deriving its name from the Indus Valley Civilisation, IndusInd Bank was incorporated in 1994 by Srichand P Hinduja, the head of the Hinduja Group. The bank launched its IPO in 1997, raising ₹1,800 crore. Another ₹1,000 crores was raised through the preferential issue of shares.
As of the latest data released by IndusInd Bank in 2025, it had a network of around 3,081 banking outlets and 3,027 ATMs across India. The bank served a diverse customer base that spans salaried individuals, small business owners, large corporations, farmers and micro finance borrowers.
Indusind Bank Limited is listed on the NSE and BSE exchanges and is also a part of the Nifty50 Index.
History of Indusind Bank
Indusind Bank's story began in 1994, when, as part of the Liberalisation reforms, the Indian Government began to grant licences to form and operate private sector banks, to bring efficiency in public sector banks.
In its earlier years, the bank focused on corporate banking and trade finance, catering to mid-sized and large-sized companies. The Hinduja Group's international networks helped the bank to build a strong banking presence and attract NRI deposits.
Transformation of IndusInd Bank under New Leadership
In 2008, IndusInd Bank appointed Ramesh Sobti as Managing Director and CEO. Under his leadership, the bank built a strong niche in consumer finance, expanding its retail liability franchise and investing in technology.
The bank also completed an acquisition in 2019, merging IL&FS Securities Services and acquiring Bharat Financial Inclusion Limited, one of India’s largest microfinance institutions. This acquisition gave Indusind Bank a presence in rural and semi-urban areas.
Business Verticals of Indusind Bank
Indusind Bank's business is organised into well-defined verticals, each with its own strategy, product suite and customer segment.
1. Consumer Finance: This segment provides financing for buying vehicles. It can be commercial trucks, tractors, passenger cars or two-wheelers. The bank holds expertise in the credit underwriting, collection mechanics, resedual value estimation, which gives a meaningful competitive moat
2. Microfinance: Through its subsidiary, Bharat Financial Inclusion Limited, the bank provides small-ticket unsecured loans to low-income women borrowers in rural and semi-urban areas. The microfinance portfolio remains a key pillar of Indusind's inclusive finance strategy.
3. Corporate and Commercial Banking: The bank has a strong corporate franchise serving mid-sized to large-sized corporates with working capital loans, term loans, trade finance, cash management services, and treasury products.
4. SME Banking: The bank has expanded its presence in the SME and MSME segment by offering customised credit solutions, current accounts and payment services to small businesses.
5. Treasury and Financial Markets: This segment manages the bank’s investment portfolio and engages in forex and derivatives trading, and also provides hedging solutions to corporate clients.
6. Wealth Management: The bank offers investment products like mutual funds and insurance distribution. It also provides portfolio management services to high-net-worth individuals.
Indusind Bank Financial Performance (FY25 vs FY24)
Revenue: Indusind Bank reported consolidated revenue of ₹56,358.10 crore in FY25 vs ₹55,143.8 crore in FY24. It showed an increase of 2.20% on a yearly basis, reflecting a slowdown in revenue.
Operating Profit: The company reported an operating profit of ₹3,525.75 crore in FY25 vs ₹11,979.20 crore in FY24. It showed a decline of -70% on a year-on-year basis, indicating that the company's operating profit is badly impacted.
Net Profit: Indusind Bank reported a net profit of ₹2,575.1 crore in FY25 compared to ₹8,976.99 crore in FY24. It showed a decline of -71% on a yearly basis, signalling concern for profitability.
IndusInd Bank Financial Highlights
- Revenue: IndusInd Bank reported revenue of ₹53,479.87 crore in FY26 vs ₹56,358.10 crore in FY25. It showed a decrease of 5.11% on a yearly basis.
- Operating Profit: IndusInd Bank reported an operating profit of ₹1,210.46 crore in FY26 vs ₹3,525.75 crore in FY25. It showed a decrease of 65.67% on a year-on-year basis.
- Net Profit: IndusInd Bank reported a net profit of ₹889.19 crore in FY26 vs ₹2,575.41 crore in FY25. It showed a decrease of 65.47% on a yearly basis.
IndusInd Bank Quarterly Result Highlights
- IndusInd Bank reported revenue of ₹12,719.08 crore in Mar 2026, compared with ₹13,080.08 crore in Dec 2025, representing a decrease of 2.76% on a quarter-on-quarter (QoQ) basis.
- IndusInd Bank reported an operating profit of ₹813.13 crore in Mar 2026, compared with ₹173.85 crore in Dec 2025, representing an increase of 367.72% on a quarter-on-quarter (QoQ) basis.
- IndusInd Bank reported a profit of ₹594.14 crore in Mar 2026, compared with ₹127.94 crore in Dec 2025, reflecting an increase of 364.39% on a QoQ basis.
- The earnings per share (EPS) of IndusInd Bank stood at ₹33.07 during Mar 2026.
