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IndusInd Bank Limited is an Indian banking and financial services company with its headquarters in Mumbai, Maharashtra. [7] It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh .
Hinduja Group is an Indian conglomerate. [2] The group is present in eleven sectors including automotive, oil and specialty chemicals, banking and finance, IT and ITeS, cyber security, healthcare, trading, infrastructure project development, media and entertainment, power, and real estate.
IndusInd Bank and Thailand based financial service provider DeeMoney will use UPI ID to verify customers in India for cross border transaction. This is part of the Money Transfer Operator (MTO) partners programme of NPCI. [134] IndusInd Bank is planning to collaborate with more foreign entities to increase acceptability of UPI abroad. [135]
The Reserve Bank of India approved his appointment for a period of three years, effective from December 19, 2018. [21] The bank transformed from infrastructure financing to retail banking in four years since the merger. Its CASA ratio increased from 8.6% to 49.77% and retail deposits went from 27% to 76% of total deposits, as of March 2023.
Romesh Sobti is an Indian banker. [1] He was the CEO and MD of IndusInd Bank from 2008 to 2020, [2] [3] and of ABN AMRO Bank for the previous 12 years. [4]In 2013, The Sunday Standard presented Sobti the award for Best Banker – Growth, Mid-Sized.
IndusInd Bank This page was last edited on 5 March 2021, at 07:22 (UTC). Text is available under the Creative Commons Attribution-ShareAlike License 4.0 ...
Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one in Saurashtra in trade centres. [9]
The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India (LIC) and Government of India.It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964 as Industrial Development Bank of India, a Development Finance Institution, which provided financial services to industrial sector.