In a significant collaboration aimed at enhancing livestock healthcare and welfare, IndusInd Bank and its 100% subsidiary, Bharat Financial Inclusion Limited (BFIL), have signed a Memorandum of Understanding (MoU) with the State Government of Uttar Pradesh. This partnership is part of their social initiative, the Bharat Sanjeevani Program, focusing on the Western Uttar Pradesh region. […]
IndusInd Bank Limited has released its financial results for the quarter and nine months ended December 31, 2023, revealing a notable performance with substantial growth. The bank’s consolidated financial results demonstrate a robust increase in several key areas. Key Financial Highlights – Net Interest Income (NII) Growth: IndusInd Bank’s NII saw an 18% year-on-year increase, […]
IndusInd Bank Limited’s Board of Directors approved the Bank’s financial results for the quarter ending June 30, 2023, revealing a notable increase in net profit and balance sheet footage. This approval came during a meeting held in Mumbai on Tuesday, July 18, 2023. The bank reported a net profit of ₹2,124 crores for the quarter […]
IndusInd Bank, an Indian financial services provider, has appointed Vikas Muttoo as COO and Head Member Services of its fully-owned subsidiary Bharat Financial Inclusion Ltd. (BFIL). Bharat Financial Inclusion, which belongs to the financial services industry, offers asset and liability product solutions from IndusInd Bank. It was established in 1998 to provide customers with microfinance […]
IndusInd Bank said that it has entered into a partnership with the Department of Panchayati Raj, Government of Uttarakhand to provide its banking services in over 600 Nyaya panchayats. Under the partnership, the Mumbai-based private sector bank through the network of ‘Bharat Money Stores’ of its fully-owned subsidiary Bharat Financial Inclusion Limited will offer rural […]