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Today’s Low
736.15
Today’s High
796.15
Open Price
745.00
Prev. Close
745.55
Volume
79,04,749
EXPIRY | PRICE | ||||
---|---|---|---|---|---|
24 Sep | + ![]() ![]() | 55.00 | -5.00 | 4.00 | 0.001 |
IndusInd Bank Ltd. is a prominent private sector bank in India, established in 1994 by Srichand P. Hinduja and other members of the Hinduja Group. The bank's name is inspired by the Indus Valley Civilization, symbolizing innovation and sound business practices. It commenced operations on April 17, 1994, with its first branch in Mumbai, inaugurated by then-Finance Minister Dr. Manmohan Singh. IndusInd Bank offers a comprehensive range of banking services, including Retail Banking, Corporate Banking, Digital Banking, International Presence. The bank has received many awards and recognitions.
IndusInd Bank was established in 1994, making it around 30 years old as of 2024. It was originally founded to serve the NRI community and has since evolved into one of India’s prominent private sector banks.
IndusInd Bank shares are considered a good investment by many analysts, particularly for those seeking growth in the private banking space. The bank shows strong fundamentals with a robust loan book, improving asset quality, and retail growth strategy. However, it's recommended to assess personal risk appetite and market trends before investing.
The highest-ever share price of IndusInd Bank was approximately ₹1,911, reached in August 2018 before a decline due to broader financial sector challenges and market corrections.
Sumant Kathpalia is the Managing Director (MD) and Chief Executive Officer (CEO) of IndusInd Bank. He has been heading the bank since March 2020.
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