IndusInd Bank



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IndusInd Bank

           

indusind IndusInd BankOverview:
The Bank, formally inaugurated in April 1994 by Dr. Manmohan Singh, Honourable Prime Minister of India who was then the country’s Finance Minister, started with a capital base of Rs.1,000 million (USD 32 million at the prevailing exchange rate), of which Rs.600 million was raised through private placement from Indian Residents while the balance Rs.400 million (USD 13 million) was contributed by Non-Resident Indians. IndusInd Bank derives its name and inspiration from the Indus Valley civilisation – a culture described by National Geographic as ‘one of the greatest of the ancient world’ combining a spirit of innovation with sound business and trade practices. IndusInd Bank Ltd. is one of the new-generation private-sector banks in India which commenced its operations in 1994. The Bank enjoys a patronage of 2 million customers and has a network of 180 branches, 402 ATMs spread across 147 geographical locations in 28 states and union territories as on September 30, 2009.  The Bank also has a Representative Office each in Dubai and London. The Bank’s total business (deposits plus advances) as on September 30, 2009 crossed Rs. 40,000 crores. While continuing its drive for efficiency and profitability, IndusInd Bank is a keen participant in the Corporate Social Responsibility space. It is actively engaged in helping mentally-challenged and underprivileged children and on other hand, helps in sensitizing /upholding environmental and ecologically appropriate behaviour. The Bank actively supports “Green  Practices” within the Bank and under its campaign “Hum aur Hariyali”, it has successfully launched a slew of green initiatives. It is also an active supporter of the arts especially in the field of music and dance.

Recruitment Procedure:
The bank has a multi-stage selection process,at first the candidate has to apply online for a particular post and then the profiles go through an initial screening. Aortlisted candidates who are for written would go through a test that contains questions from Verbal Comprehension, Numerical Comprehension, Series Completion and Basic Checking.The Bank, formally inaugurated in April 1994 by Dr. Manmohan Singh, Honourable Prime Minister of India who was then the country’s Finance Minister, started with a capital base of Rs.1,000 million (USD 32 million at the prevailing exchange rate), of which Rs.600 million was raised through private placement from Indian Residents while the balance Rs.400 million (USD 13 million) was contributed by Non-Resident Indians. IndusInd Bank derives its name and inspiration from the Indus Valley civilisation – a culture described by National Geographic as ‘one of the greatest of the ancient world’ combining a spirit of innovation with sound business and trade practices. IndusInd Bank Ltd. is one of the new-generation private-sector banks in India which commenced its operations in 1994. The Bank enjoys a patronage of 2 million customers and has a network of 180 branches, 402 ATMs spread across 147 geographical locations in 28 states and union territories as on September 30, 2009.  The Bank also has a Representative Office each in Dubai and London. The Bank’s total business (deposits plus advances) as on September 30, 2009 crossed Rs. 40,000 crores. While continuing its drive for efficiency and profitability, IndusInd Bank is a keen participant in the Corporate Social Responsibility space. It is actively engaged in helping mentally-challenged and underprivileged children and on other hand, helps in sensitizing /upholding environmental and ecologically appropriate behaviour. The Bank actively supports “Green  Practices” within the Bank and under its campaign “Hum aur Hariyali”, it has successfully launched a slew of green initiatives. It is also an active supporter of the arts especially in the field of music and dance.

Recruitment Procedure:
The bank has a multi-stage selection process,at first the candidate has to apply online for a particular post and then the profiles go through an initial screening. Aortlisted candidates who are for written would go through a test that contains questions from Verbal Comprehension, Numerical Comprehension, Series Completion and Basic Checking.

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