{"id":169525,"date":"2025-07-30T01:12:04","date_gmt":"2025-07-30T05:12:04","guid":{"rendered":"https:\/\/44.250.171.167\/?p=169525"},"modified":"2025-07-30T01:14:22","modified_gmt":"2025-07-30T05:14:22","slug":"indusind-bank-q1-fy26-stabilizing-the-ship-amid-digital-transformation","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indusind-bank-q1-fy26-stabilizing-the-ship-amid-digital-transformation\/","title":{"rendered":"IndusInd Bank Q1 FY26 Earnings: Stabilizing the Ship Amid Digital Transformation"},"content":{"rendered":"<h2><strong>Executive Summary<\/strong><\/h2>\n<p class=\"ds-markdown-paragraph\">IndusInd Bank reported mixed <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/6ac90d93-ca52-4e53-98c3-59b0ca7ac174.pdf\" target=\"_blank\" rel=\"noopener\">Q1 FY26 results<\/a>, demonstrating stabilization in core operations while continuing to navigate sector-wide challenges. The bank posted a net profit of \u20b9604 crore, representing a significant YoY decline primarily due to the absence of one-off gains recorded in the base quarter. However, underlying business metrics indicate improving operational trends, particularly in retail deposits and asset quality.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/bgPHiZnj0nY?si=3dqVSqyza_g0bHty\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3><strong>Key Financial Highlights<\/strong><\/h3>\n<ol start=\"1\">\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Profitability Metrics<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Net Profit: \u20b9604 crore (down 72% YoY; up from loss in Q4 FY25)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Net Interest Income (NII): \u20b94,640 crore (down 14% YoY; up 52% QoQ)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Net Interest Margin (NIM): 3.46% (stable QoQ; down 30 bps YoY)<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Balance Sheet Strength<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Gross Advances: \u20b93.33 lakh crore (up 4% YoY)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Total Deposits: \u20b93.97 lakh crore (down 3% QoQ)<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Retail deposits grew 6% YoY to 46% of total deposits<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">CASA Ratio: 38.2% (down 120 bps YoY)<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Asset Quality<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Gross NPA: 3.64% (up 22 bps QoQ)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Net NPA: 1.15% (up 9 bps QoQ)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Provision Coverage Ratio: 70%<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h3><strong>Business Segment Analysis<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\"><strong>1. Vehicle Finance (30% of Loan Book)<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Disbursements: \u20b911,298 crore (stable sequentially)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Portfolio Quality: Slippages improved to 0.58% (from 0.82% YoY)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Outlook: Maintains leadership in commercial vehicle financing with stable asset quality<\/p>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>2. Microfinance (8.5% of Loan Book)<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Portfolio: \u20b928,408 crore (down 23% YoY)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Strategy: Focused on prime borrowers with established credit history<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Outlook: Gradual recovery expected as rural economy stabilizes<\/p>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>3. Digital Banking Initiatives<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">INDIE App:<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Fixed deposit bookings up 220% QoQ<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Savings accounts up 292% QoQ<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Bharat Money Stores: Expanding merchant acquisition network<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><strong>Strategic Priorities Moving Forward<\/strong><\/h3>\n<ol start=\"1\">\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Deposit Mobilization<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Accelerating retail deposit growth through digital channels<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Improving CASA ratio via product innovation<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Asset Quality Management<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Conservative underwriting in microfinance segment<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Continued focus on secured lending (78% of portfolio)<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\"><strong>Digital Transformation<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Scaling INDIE platform to acquire mass-market customers<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Integrating Bharat Money Stores with core banking<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h3><strong>Peer Comparison<\/strong><\/h3>\n<div class=\"markdown-table-wrapper\">\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>IndusInd<\/th>\n<th>HDFC Bank<\/th>\n<th>ICICI Bank<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NIM (%)<\/td>\n<td>3.46<\/td>\n<td>3.80<\/td>\n<td>4.10<\/td>\n<\/tr>\n<tr>\n<td>Gross NPA (%)<\/td>\n<td>3.64<\/td>\n<td>1.50<\/td>\n<td>2.80<\/td>\n<\/tr>\n<tr>\n<td>Retail Deposit Growth (YoY)<\/td>\n<td>6%<\/td>\n<td>9%<\/td>\n<td>11%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<h3><strong>Investment Thesis<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\"><strong>1. Improving Sequential Profitability<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">After cleaning up one-time items, core profitability is stabilizing<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">QoQ NII growth of 52% suggests better operational performance<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Cost-to-income ratio improving to 48% (from 51% YoY)<\/p>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>2. Retail Deposit Growth Outpacing System<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">6% YoY retail deposit growth vs industry average of ~4%<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Increasing retail deposit share (46% vs 42% FY24)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Lower dependence on bulk deposits reduces cost volatility<\/p>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>Competitor Benchmarking:<\/strong><br \/>\nHDFC Bank&#8217;s retail deposits grew 9% YoY, while ICICI posted 11% growth. IndusInd is closing the gap through branch expansion and digital acquisition.<\/p>\n<p class=\"ds-markdown-paragraph\"><strong>3. Digital Initiatives Gaining Traction<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">INDIE app showing exponential growth in SA\/FD openings<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Bharat Money Stores expanding merchant ecosystem<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Early success in cross-selling mutual funds (+600% QoQ)<\/p>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>Peer Digital Comparison:<\/strong><br \/>\nHDFC&#8217;s PayZapp and ICICI&#8217;s iMobile have stronger market penetration. However, IndusInd&#8217;s focused approach on specific niches (e.g., trucker financing through INDIE) shows differentiation.<\/p>\n<p>&nbsp;<\/p>\n<h3 class=\"ds-markdown-paragraph\"><strong>Competitor Deep Dive:<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\"><strong>HDFC Bank (Market Leader)<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Strengths:<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Unmatched retail network (7,800+ branches)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Industry-best CASA ratio of 42%<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Post-merger HDFC synergy benefits<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Weaknesses:<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Temporary margin compression (3.8% vs historic 4.2%)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Integration challenges<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>ICICI Bank (Digital Frontrunner)<\/strong><\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Strengths:<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Best-in-class NIM at 4.1%<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Strong corporate banking relationships<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">iMobile platform (industry-leading app)<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Weaknesses:<\/p>\n<ul>\n<li>\n<p class=\"ds-markdown-paragraph\">Higher corporate loan exposure<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Rural portfolio quality concerns<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"ds-markdown-paragraph\"><strong>Key Competitive Advantages for IndusInd:<\/strong><\/p>\n<ol start=\"1\">\n<li>\n<p class=\"ds-markdown-paragraph\">Specialized Lending:\u00a0Dominance in commercial vehicle finance (30% market share)<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Agile Digital Strategy:\u00a0Faster innovation cycle than larger peers<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Hinduja Backing:\u00a0Strong promoter support for growth initiatives<\/p>\n<\/li>\n<\/ol>\n<p class=\"ds-markdown-paragraph\"><strong>Risks to Monitor:<\/strong><\/p>\n<ol start=\"1\">\n<li>\n<p class=\"ds-markdown-paragraph\">Margin Pressure:\u00a030bps NIM compression YoY needs reversal<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Digital Scaling:\u00a0Must prove INDIE can achieve critical mass<\/p>\n<\/li>\n<li>\n<p class=\"ds-markdown-paragraph\">Asset Quality:\u00a0GNPA ratio remains sector&#8217;s highest among private banks<\/p>\n<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h3><strong>Valuation and Recommendation<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\">The bank currently trades at 1.4x FY26E P\/BV, at a 25% discount to larger private peers. While near-term headwinds persist, the improving deposit franchise and digital investments position the bank for medium-term Re Rating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive Summary IndusInd Bank reported mixed Q1 FY26 results, demonstrating stabilization in core operations while continuing to navigate sector-wide challenges. The bank posted a net profit of \u20b9604 crore, representing a significant YoY decline primarily due to the absence of one-off gains recorded in the base quarter. However, underlying business metrics indicate improving operational trends, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":169526,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14314,1],"tags":[11394,11692],"class_list":["post-169525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alphacall","category-finance-stocks","tag-corporate-banking","tag-loans"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/AlphaCall-Thumbnail.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177483,"url":"https:\/\/alphastreet.com\/india\/indusind-bank-q3-fy26-earnings-profit-plunges-margins-under-pressure\/","url_meta":{"origin":169525,"position":0},"title":"IndusInd Bank Q3 FY26 Earnings: Profit Plunges, Margins Under Pressure","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"Quarterly Financial Summary IndusInd Bank (NSE: INDUSINDBK) reported a consolidated net profit of \u20b9128 crore for the quarter ended 31 December 2025. This represents a 91% decline compared to \u20b91,402 crore in the corresponding quarter of the previous year. On a sequential basis, the bank returned to profit following a\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131073,"url":"https:\/\/alphastreet.com\/india\/infographic-indusind-bank-q4fy22-earnings-snapshot\/","url_meta":{"origin":169525,"position":1},"title":"Infographic: IndusInd Bank Q4FY22 Earnings snapshot","author":"Chirag Gupta","date":"July 12, 2022","format":false,"excerpt":"Net Interest Income has increased by 13% YoY to 3,985 crores. NIM has increased to 4.20% as Other income improved by 7% YoY to 1,905 crores. Net Profit grew by 51 % YoY to 1,401 crores for Q3 FY 2022. Net profit improved by 64% to 4,805. Healthy deposits grew\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130938,"url":"https:\/\/alphastreet.com\/india\/indusind-bank-q4-fy-2022-research-summary\/","url_meta":{"origin":169525,"position":2},"title":"IndusInd Bank Q4 FY 2022 Research Summary","author":"sreerupa","date":"July 5, 2022","format":false,"excerpt":"Overview IndusInd is an Indian Bank with headquarters located in Mumbai. It was founded in the year 1994. The founder is S.P. Hinduja. It has over 2.5 crore customers, 5,000+ distribution points and nearly 2,000 branches across the country. The bank has a wide value of the portfolio which includes\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"Research Summary","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140229,"url":"https:\/\/alphastreet.com\/india\/indusind-bank-limited-q3-fy23-consolidated-net-profit-jumped-by-58\/","url_meta":{"origin":169525,"position":3},"title":"IndusInd Bank Limited Q3 FY23; Consolidated Net Profit Jumped By 58%","author":"Hardik Bhandare","date":"February 6, 2023","format":false,"excerpt":"IndusInd Bank Limited (NSE: INDUSINDBK) reported Total Income for Q3 FY23 of \u20b911,533.89 Crore, a growth of 20% year on year. Consolidated Net Profit of \u20b91,963.64 Crore, up 58% from \u20b91,241.55 Crore in the same quarter of the previous year. The Earnings per Share is \u20b925.29 for this quarter.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/68bb5f29-39ee-46aa-9d52-65603790563a-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":134989,"url":"https:\/\/alphastreet.com\/india\/story-behind-indusind-banks-q2fy23-results\/","url_meta":{"origin":169525,"position":4},"title":"Story behind IndusInd Bank&#8217;s Q2FY23 Results","author":"Karan_Singh","date":"October 20, 2022","format":false,"excerpt":"When we look at the highlighted section of IndusInd Bank Ltd's income statment, it is evident that the drastic increase in profitability stems from the reduction of Provisions & Contingencies amount. That would explain as to why the YoY growth for Operating Profit is 10% whereas the YoY growth for\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1215972682.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1215972682.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1215972682.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":149287,"url":"https:\/\/alphastreet.com\/india\/indusind-bank-ltd-q1-fy24-33-rise-in-profits\/","url_meta":{"origin":169525,"position":5},"title":"IndusInd Bank Ltd Q1 FY24; 33% Rise In Profits","author":"Hardik Bhandare","date":"July 18, 2023","format":false,"excerpt":"IndusInd Bank Limited was incorporated in 1994 as a commercial bank under the Banking Regulation Act, 1949. The Bank is publicly held and provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. The Bank operates in India including at the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-56.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=169525"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/169526"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=169525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=169525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=169525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}