IndusInd Bank
Financials
Estimates*
| INR | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 185.5b | 194.2b | 220.4b | 257.6b | 300.1b |
| % growth | - | 5 % | 14 % | 17 % | 16 % |
| Profit | 44.6b | 29.3b | 48.1b | 74.4b | 89.8b |
| % profit margin | 24 % | 15 % | 22 % | 29 % | 30 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
$14.5m | Post IPO Equity | ||
* | $150m | Post IPO Debt | |
* | $128m | Post IPO Debt | |
* | N/A | POST IPO SECONDARY | |
| Total Funding | - | ||
Related Content
Recent News about IndusInd Bank
EditIndusInd Bank, through its IndusForex platform, offers comprehensive retail forex solutions. The platform allows customers to buy and reload prepaid Forex Cards, buy and sell foreign currency cash, and send money abroad. IndusForex serves a diverse clientele, including travelers, expatriates, and businesses requiring foreign exchange services. Operating in the financial services market, IndusForex leverages the trust and reliability of IndusInd Bank to provide competitive rates and a seamless user experience. The business model revolves around providing value-added forex services with a focus on convenience and cost-effectiveness. Revenue is generated through transaction fees, currency exchange margins, and service charges. IndusForex differentiates itself with features like 24/7 booking, unbeatable rates, and multiple delivery options, including branch pick-up and courier services.
Keywords: Forex, Prepaid Cards, Currency Exchange, Money Transfer, Financial Services, Competitive Rates, 24/7 Booking, Easy Delivery, Retail Forex, IndusInd Bank.
Tech stack
