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IndusInd Bank IndusInd Bank
Banks
Exchange Listed
Listed On: NSE, BSE
Company Corporate Office :
8th Floor, Tower 1, One Indiabulls Centre, 841, S
Mumbai, Maharashtra
 
About the Company
IndusInd Bank Limited is a Mumbai based Indian new generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.  IndusInd Bank is the first among the new-generation private banks in India. The bank started its operations with a capital amount of Rs. 1 billion among which Rs. 600 million was donated by the Indian Residents and Rs. 400 million was raised by the Non-Resident Indians. The bank has specialized in retail banking services and continuously upgrades its support systems by introducing newer technologies. IndusInd Bank has 638 branches, and 1238 ATMs spread across 392 geographic locations of the country as on 30 September 2013. It also has a representative office in London and another in Dubai. Mumbai has the max...More
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About the Company

IndusInd Bank Limited is a Mumbai based Indian new generation bank, established in 1994. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.  IndusInd Bank is the first among the new-generation private banks in India.

The bank started its operations with a capital amount of Rs. 1 billion among which Rs. 600 million was donated by the Indian Residents and Rs. 400 million was raised by the Non-Resident Indians. The bank has specialized in retail banking services and continuously upgrades its support systems by introducing newer technologies. IndusInd Bank has 638 branches, and 1238 ATMs spread across 392 geographic locations of the country as on 30 September 2013. It also has a representative office in London and another in Dubai. Mumbai has the maximum number of bank branches followed by New Delhi and Chennai. The bank has also proposed to double the branches count to 1200 by March 2017.

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Corporate Locations

Mumbai    Maharashtra

Plant Locations

1.) Anantapur, Andhra Pradesh
2.) Pune, Maharashtra
3.) Chennai*, Tamil Nadu
 
CSR POLICY
 

The IndusInd Bank believes that ‘Good Ecology is Good Economics’ and continue to create value for all stakeholders and emerge as a ‘Best-in-Class’ bank that is committed to sustainable economic growth. Bank’s business grows consistently and responsibly, benefitting those to which they directly serve and also to promote the well-being of employees, natural environment and the community at large. The CSR policy of the bank is guided by the principles outlined in the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGSEE) and the UN Global Compact which seeks to:

  • Strengthen governance framework with ethics, transparency and accountability.
  • Provide value to consumers through effective stakeholder engagement.
  • Promote gender equality, diversity and wellbeing of all employees.
  • Respect the protection of internationally proclaimed human rights.
  • Engage with Government and Trade & Industry Associations on national and international platforms.
  • Build inclusive, healthy and sustainable communities.
  • Undertake initiatives to promote greater environmental responsibility.
  • Communicate the CSR objectives and goals to all internal and external stakeholders.


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CSR Budget Details

Year Details
2014-15
INR 33.00 Crores
 
 
Contact
 
To be updated
 
CSR Foundation
 
IndusInd Foundation The IndusInd foundation is a non profit and charitable unit of the IndusInd Group, established in 1993 with the objective of channelizing community resources for public good and also to provide a powerful integrated forum to pool the community resources for public good and to meet the community\'s aspirations for philanthropy and charity. The Foundation promotes a number of welfare schemes, the most popular scheme being grant of \'IndusInd Scholarship Scheme. Disbursements of the scholarships take place at small functions organized at various branches of the Bank especially in New Delhi, Mumbai, Nagpur, Bhopal, Baroda, Ahmedabad, Indore etc and Over 400 students have benefited from this scheme. The Foundation is registered under Section 12 A (a) of Income Tax Act and donations to it qualify for deduction under Section 80 (G) of Income Tax Act.
Weblink : http://indusindfoundation.com/home.html

CSR Projects

Green Banking Project
IndusInd Bank
Implementing Agency: Wipro Eco Energy, Centre for Environmental Research & Education (CERE)
Environment Stewardship
IndusInd Bank
Implementing Agency: Satpuda Foundation, Centre For Environmental Research & Education (CERE), Swechha
Green Champions Meet Programme
IndusInd Bank
Implementing Agency: Apple Kids Kindergarten School, E-Incarnation, Greentek Reman, Green Logistics and Attero, Support, Help Age India
Wealth out of Waste (WOW)
IndusInd Bank
Implementing Agency: ITC-PSPD LTD & Ramky Reclamation and Recycling Ltd (RRRL)
Corporate Global Market Operations (CGMO) Sustainability Week 2015
IndusInd Bank
Implementing Agency: NA
Socio-Economic Initiatives NGO Support
IndusInd Bank
Implementing Agency: NGO Support
Promoting Art, Culture and Sports
IndusInd Bank
Implementing Agency: Blind Welfare Organisation, National Cricket Tournament for the Blind, Nalandaway Foundation,Samarthanam
 
 
 

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