| Home >> Business Profiles >> IndusInd Bank Ltd |
| Industry |
Investment Banks |
| Business Summary |
IndusInd Bank derives its name and inspiration from the Indus Valley civilisation - a culture described by National Geographic as 'one of the greatest of the ancient world' combining a spirit of innovation with sound business and trade practices.Mr. Srichand P. Hinduja, a leading Non-Resident Indian businessman and head of the Hinduja Group, conceived the vision of IndusInd Bank - the first of the new-generation private banks in India - and through collective contributions from the NRI community towards India's economic and social development, brought our Bank into being.The Bank, formally inaugurated in April 1994 by Dr. Manmohan Singh, Honourable Prime Minister of India who was then the country?s Finance Minister, started with a capital base of Rs.1,000 million (USD 32 million at the prevailing exchange rate), of which Rs.600 million was raised through private placement from Indian Residents while the balance Rs.400 million (USD 13 million) was contributed by Non-Resident Indians. |
| Company Website | http://www.mktg@indusind.com |
| Phone | +91-22_66412200 |
| Contact Address Details |
| Registered Office |
701/801 Solitaire Corporate Park, 167, Guru Hargovindji Marg,
Andheri - (E),
Mumbai 400093
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