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IndusInd Bank

From Simple English Wikipedia, the free encyclopedia

IndusInd Bank Limited is an Indian banking and financial services company with its headquarters in Mumbai, Maharashtra. It was founded in April 1994 by then Union Finance Minister Manmohan Singh.

IndusInd Bank Limited
Company typePublic
IndustryFinancial services
FoundedApril 1994 (31 years ago) (1994-04)
FounderS. P. Hinduja
HeadquartersMumbai, Maharashtra,
India
Key people
    • Sumant Kathpalia
      (MD & CEO)[1]
    • Arun Khurana
      (Executive Director & Deputy CEO)[2]
    • Gobind Jain
      (CFO)[3]
Products
RevenueIncrease55,144 crore (US$7.2 billion) (2024)[4]
Increase15,864 crore (US$2.1 billion) (2024)[4]
Increase8,977 crore (US$1.2 billion) (2024)[4]
Total assetsIncrease515,094 crore (US$68 billion) (2024)[4]
Total equityIncrease62,326 crore (US$8.2 billion) (2024)[4]
OwnerHinduja Group (26%)
Life Insurance Corporation (9.99%)
Number of employees
45,637 (2024)[5][4]
SubsidiariesBFIL[6]
Capital ratio15.31% [4]
Websitewww.indusind.com

Board of directors

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Sumant Kathpalia is the Managing Director and CEO at IndusInd Bank,[7][8] while Arun Khurana is the Deputy CEO and Executive Director at IndusInd Bank.[2]

Sunil Mehta is the current chairman of the board.[9] The other members on the board are T. T. Ram Mohan, Akila Krishnakumar, Rajiv Agarwal, Bhavna Doshi, Jayant Deshmukh, Pradeep Udhas, Lingam Venkata Prabhakar, Rakesh Bhatia and Sudip Basu.[10]

References

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  1. "Board of Directors Profiles – IndusInd Bank".
  2. 2.0 2.1 Shukla, Shivam (June 30, 2023). "IndusInd Bank jumps 2% post key appointments at top management level". Moneycontrol.
  3. "IndusInd Bank board approves appointment of Gobind Jain as CFO". Economics Times. 2021-10-01. Retrieved 2023-10-28.
  4. 4.0 4.1 4.2 4.3 4.4 4.5 4.6 "FY 24 Q4 Results" Archived 2024-06-13 at the Wayback Machine (PDF). indusind.com. (25 April 2024).
  5. "Annual Report" (PDF). IndusInd Bank.
  6. "IndusInd Bank adds 2% on NCLT nod for merger with BFIL". moneycontrol. Retrieved 25 April 2019.
  7. Banthia, Jyoti (2023-04-24). "IndusInd Bank reappoints Sumant Kathpalia as MD, CEO". mint. Retrieved 2023-08-26.
  8. Surabhi (2020-02-28). "Who is Sumant Kathpalia, new MD and CEO of IndusInd Bank?". BusinessLine. Retrieved 2023-08-26.
  9. "Sunil Mehta resigns as director of Adani Green Energy following his appointment as IndusInd Bank chairman". The Indian Express. 2023-02-24. Retrieved 2023-08-26.
  10. "Know Leadership Profiles | IndusInd Bank". indus-ind. Retrieved 2023-08-26.

Other websites

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