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IndusInd Bank
3.6
based on 10.3k Reviews
Company Overview
Company Locations
Working at IndusInd Bank
Company Summary
IndusInd Bank offers a wide range of personal banking services including deposits, loans, cards, insurance, etc to meet people's personal needs.
Overall Rating
3.6/5
based on 10.3k reviews
Critically rated for
Promotions/Appraisal, Work Satisfaction, Company Culture
Work Policy
Work from office
91% employees reported
Monday to Saturday
46% employees reported
Strict timing
60% employees reported
Within city
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
447 employees reported
Health insurance
430 employees reported
Office cab/shuttle
120 employees reported
Cafeteria
85 employees reported
View all benefits
About IndusInd Bank
Founded in1994 (30 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
Websiteindusind.com
Primary Industry
Other Industries
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IndusInd Bank is a Mumbai based scheduled private bank founded in Mumbai in April 1994. This bank offers a wide range of banking as well as financial products and services to the customers and is headquartered in Mumbai, Maharashtra. The bank has over 745 branches with a total network of over 1635 operating ATMs. It has two representative offices outside India in London and Dubai respectively. IndusInd Bank stands tall today as one of the reputed banking brands in the country. The bank has been continuously investing in various advertising & marketing programs to enhance the brand image & recall. In an endeavor to emerge as best-in-class brand, IndusInd Bank has made 'Responsive Innovation' as a central theme of its brand building program. The Bank has combined responsiveness with innovation to launch a wide range of banking products and services which are unique, convenient and very relevant to Indian consumer.
Mission: We will consistently add value to all our stakeholders and emerge as the ‘best-in-class’ in the chosen parameters amongst the comity of banks, by doubling our profits, clients and branches within the next three years.
Vision: IndusInd Bank (we) will be:
1. A relevant business and banking partner to our clients
2. Customer Responsive, striving at all times to collaborate with clients in providing solutions for their banking needs
3. A forerunner in the market place in terms of profitability, productivity and efficiency
4.Engaged with all our stakeholders and will deliver sustainable and compliant returns
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IndusInd Bank Ratings
based on 10.3k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
4.1k
4
2.2k
3
1.6k
2
766
1
1.6k
Category Ratings
3.6
Job Security
3.5
Work-Life Balance
3.4
Skill Development
3.3
Salary & Benefits
3.3
Company Culture
3.3
Work Satisfaction
3.1
Promotions/Appraisal
IndusInd Bank is rated 3.6 out of 5 stars on AmbitionBox, based on 10.3k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at IndusInd Bank
based on 9.8k reviews
3.3
Rated by 1.9k Women
Rated 3.4 for Job Security and 3.2 for Work-Life Balance
3.6
Rated by 7.9k Men
Rated 3.6 for Job Security and 3.6 for Work-Life Balance
Work Policy at IndusInd Bank
based on 1.1k reviews in last 6 months
Work from office
91%
Hybrid
6%
Permanent work from home
3%
IndusInd Bank Reviews
Top mentions in IndusInd Bank Reviews
+ 5 more
Compare IndusInd Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 10.3k reviews | 4.0/5 based on 36.7k reviews | 3.9/5 based on 37.6k reviews | 3.8/5 based on 24.2k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Company culture | Job Security Skill development | No highly rated category |
Critically Rated for | Promotion/Appraisals Company culture Work Satisfaction | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | Work from office 91% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.3 Average rated by 1.9k women | 3.9 Good rated by 9.7k women | 3.7 Good rated by 7.7k women | 3.7 Good rated by 5.2k women |
Rating by Men Employees | 3.6 Good rated by 7.9k men | 4.0 Good rated by 25.3k men | 3.9 Good rated by 27.9k men | 3.8 Good rated by 17.9k men |
Job Security | 3.5 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
IndusInd Bank Salaries
3.3
rated by 10.3k employees for salariesDeputy Manager
(3.6k salaries)
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₹1.7 L/yr - ₹8.1 L/yr
Service Delivery Manager
(1.7k salaries)
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₹1.8 L/yr - ₹6.4 L/yr
Relationship Manager
(1.5k salaries)
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₹3 L/yr - ₹13.8 L/yr
Chief Manager
(1.4k salaries)
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₹4.9 L/yr - ₹18 L/yr
Business Development Manager
(1.4k salaries)
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₹1.8 L/yr - ₹5.2 L/yr
Branch Manager
(1.3k salaries)
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₹6 L/yr - ₹23.6 L/yr
Area Sales Manager
(1k salaries)
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₹5 L/yr - ₹17 L/yr
Deputy Branch Manager
(896 salaries)
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₹3.8 L/yr - ₹13.5 L/yr
Acquisition Manager
(860 salaries)
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₹1.6 L/yr - ₹4 L/yr
Assistant Vice President
(753 salaries)
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₹8 L/yr - ₹28 L/yr
IndusInd Bank Interview Questions
Interview questions by designation
Top IndusInd Bank interview questions and answers
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Interview Process at IndusInd Bank
based on 159 interviews in last 1 year
Interview Experience
4.2
Good
Difficulty level
Easy
37%
Moderate
59%
Hard
4%
People are getting interviews through
based on 397 IndusInd Bank interviews
Referral
34%
Job Portal
20%
Walkin
17%
Recruitment Consultant
4%
*25% candidates got the interview through other sources
High confidence
IndusInd Bank Jobs
IndusInd Bank News
View all
Mid-sized bank stocks tank in 2024 on asset quality, profitability concerns
- Shares of mid-sized lenders like IndusInd Bank, IDFC First Bank, Bandhan Bank, Kotak Mahindra Bank, and RBL Bank have performed poorly in 2024 due to stress in the MFI sector and its impact on asset quality.
- Concerns about unsecured loans may affect these banks' profitability in the future.
- Certain mid-sized banks have experienced a deceleration in credit growth momentum, while Opex ratios remain higher.
- Public sector banks (PSBs) are holding up well in terms of earnings, but cyclical concerns in lower economic growth may require them to monitor credit costs in SME and MSME segments.
HinduBusinessLine | 28 Dec, 2024
Markets end higher as pharma stocks lead gains; Sensex at 78,699
- The BSESensex closed at 78,699.07, up 226.59 points or 0.29 per cent, while the NSENifty 50 gained 63.20 points or 0.27 per cent to end at 23,813.40.
- Dr Reddy’s Laboratories emerged as the top gainer on the NSE, rising 2.72 per cent, followed by IndusInd Bank at 2.37 per cent, Mahindra & Mahindra at 2.23 per cent, Tata Motors at 1.78 per cent, and Eicher Motors at 1.51 per cent.
- Hindalco led the losses with a 1.73 per cent decline, followed by State Bank of India at 1.43 per cent, Coal India at 1.40 per cent, ONGC at 1.31 per cent, and Bharat Electronics Limited at 1.02 per cent.
- The broader market indices underperformed the benchmarks, with the Nifty Next 50 declining 0.88 per cent to 68,557.15 and the Nifty Midcap Select falling 0.18 per cent to 12,768.90.
HinduBusinessLine | 27 Dec, 2024
Nifty Top Gainers And Losers On Dec. 27: From Dr Reddy's, IndusInd Bank To Coal India
- The stock markets closed higher on Friday, with Dr. Reddy's Laboratories Ltd., Mahindra & Mahindra Ltd., and IndusInd Bank Ltd. emerging as the top gainers.
- Hindalco Industries Ltd., Coal India Ltd., State Bank of India, and Oil & Natural Gas Corp. were among the worst performers.
- Dr. Reddy's closed 2.53% higher, M&M closed 2.48% higher, and IndusInd Bank's stock rallied 2.3% higher.
- On the flip side, Hindalco Industries plunged 1.81%, followed by Coal India which saw a 1.58% fall.
Bloomberg Quint | 27 Dec, 2024
Nifty Rejig: NTPC, PNB And Adani Flagship Among Seven To Bring In Millions, Says Nuvama
- Nuvama Institutional Equities predicts that NTPC, PNB, IndusInd Bank, and Adani Enterprises will see net passive inflows due to the rejig of NSE indices.
- NTPC is expected to receive an inflow of $74 million, followed by PNB and IndusInd Bank with $25 million and $23 million respectively.
- Other companies expected to receive inflows include Federal Bank, Bank of Baroda, Adani Enterprises, and ICICI Bank, totaling $186 million.
- On the other hand, State Bank of India will witness the highest outflow of $57 million, followed by HDFC Bank with $47 million.
Bloomberg Quint | 27 Dec, 2024
Sensex, Nifty trade higher led by Auto, Banking stocks
- The Sensex and Nifty traded higher, led by Auto and Banking stocks.
- IndusInd Bank and Mahindra & Mahindra were the top gainers among Nifty constituents.
- Bharat Electronics Limited and Oil and Natural Gas Corporation witnessed losses.
- The Nifty Bank and Nifty Financial Services indices posted gains, while the Nifty Next 50 index showed weakness.
HinduBusinessLine | 27 Dec, 2024
Stocks that will see action today: December 27, 2024
- Adani Enterprises acquires 26% stake in Gidhmuri Paturia Collieries
- Gensol Engineering secures EPC contract for solar PV projects
- SKF India approves demerger of industrial business
- Jubilant Food signs MoU with Coca-Cola for buying sparkling drinks
- Choice International gets approval for setting up mutual fund
- IndusInd Bank puts over 10 lakh microfinance loans on auction
- Peak XV Partners sells 1.5% stake in One MobiKwik for Rs. 82 crore
- Lemon Tree Hotels announces signing of Lemon Tree Hotel in Maharashtra
- Power Mech Projects secures ₹186 crore order from Jaypee Power Ventures
- Axis Solution receives ₹3.53 crore order for manufacturing E-House
HinduBusinessLine | 27 Dec, 2024
IndusInd Bank Puts Rs 1,573 Crore Worth Microfinance Loans On The Block
- IndusInd Bank plans to auction Rs 1,573 crore worth of microfinance loans as defaults rise.
- The bank has set a reserve price of Rs 85 crore for the auction.
- Microfinance loans represent 4.8% of the bank's outstanding microfinance book.
- Stress in loan repayment has been identified in regions like Bihar, Maharashtra, and Odisha.
Bloomberg Quint | 26 Dec, 2024
From Trent, BEL To IndusInd Bank, Asian Paints: Stocks That Surprised And Disappointed Markets In 2024
- Trent Ltd. and Bharat Electronics Ltd. (BEL) outperformed market expectations in 2024, while IndusInd Bank and Asian Paints faced challenges.
- The Nifty 50 index initially saw 44 companies outperforming, but later declined by nearly 9% due to expensive valuations and geopolitical factors.
- 2024 was disappointing compared to the previous year for Nifty 50 companies.
- Some stocks surpassed analysts' expectations, while others fell below predictions.
Bloomberg Quint | 26 Dec, 2024
Woman Alleges Privacy Violation, Harassment By IndusInd Bank Recovery Agents In LinkedIn Post
- A woman took to LinkedIn to allege harassment and privacy violation by recovery agents of IndusInd Bank.
- Despite clarifying that she was not the person they were looking for, the woman claims the agents continued to harass her.
- IndusInd Bank apologized to the woman through their official LinkedIn account in response to her post.
- Users on LinkedIn expressed concerns about unethical practices by IndusInd Bank and called for appropriate actions.
Bloomberg Quint | 25 Dec, 2024
Broker’s call: IndusInd Bank (Buy)
- IndusInd Bank delivered a healthy performance in Q2-FY24 with PAT growing by 3% q-o-q and 22% y-o-y. NII growth was mainly led by strong loan growth while the margin remained steady. The bank aims to sustain its NIMs and expects improvement in profitability. Asset quality remained steady with GNPA and NNPA showing slight improvements. The bank is expected to grow at a rate of 18-23% with opportunities in CV financing, MFI, and MSME space.
- IndusInd Bank's Q2-FY24 PAT grew by 3% q-o-q and 22% y-o-y. NII growth was driven by strong loan growth and steady margin. The bank aims to sustain NIMs and improve profitability.
- Asset quality of IndusInd Bank remained steady in Q2-FY24 with improvements in GNPA and NNPA. PCR remained steady at 71%. The restructured book decreased to 54 bps from 66 bps in Q1-FY24.
- IndusInd Bank expects to grow at a rate of 18-23% with growth opportunities in CV financing, MFI, and MSME space. Key risk factors include margin compression and moderate growth.
HinduBusinessLine | 23 Dec, 2024
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