Let’s be clear whether Indusind bank is nationalised bank or not? No, IndusInd Bank is not a nationalised bank. It is a private sector bank, established in 1994, under the guidance of RBI. Unlike nationalised banks, which were taken over by the government in 1969 and 1980, IndusInd Bank was founded as a new-generation private bank with private ownership and investment.
Indusind Bank is Nationalised Bank or Not?
IndusInd Bank is owned by private individuals, institutions, and investors, not the Government of India. It operates under the Reserve Bank of India (RBI) but is not government-controlled.
Provides retail banking, corporate banking, and wealth management, focusing on digital banking innovations. Since its inception, it has expanded across India and international markets, serving millions of customers.
Previously private but taken over by the government (e.g., Bank of Baroda, Punjab National Bank). Privately owned since inception and operating independently, though regulated by RBI (e.g., HDFC Bank, ICICI Bank, IndusInd Bank).
Get Loan Up to 10 Lakhs Instantly to Your Account with NB InstaCash
Read more:
What is Nationalised Bank Meaning?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Is IndusInd Bank is Nationalised Bank or Not?
sia
498 Views
1
9 months
2025-03-24T17:56:40+00:00 2025-04-01T10:49:59+00:00Comment
Share