[10] In October 2017, IndusInd Bank announced its acquisition of Bharat Financial Inclusion Limited (BFIL) for ₹15,000 crore.
[13] In April 2024, it became the first to successfully pilot the Reserve Bank of India's programmable Central Bank Digital Currency (CBDC), in collaboration with Circularity Innovation Hub, targeting the disbursement of CBDC to farmers in Maharashtra's Ratnagiri district in exchange for carbon credits.
This partnership aimed to support para-athletes by improving facilities, providing resources, and promoting inclusivity in para-sports.
An instant line of credit, a rewards program, an expense tracker, savings accounts, and fixed deposits are some of its features.
This has raised concerns about the bank's ethical stance and its alignment with global efforts to isolate Russia economically.
The bank has not provided a clear response to these criticisms, leading to questions about its position and compliance with international expectations.
[23] The other members on the board are T. T. Ram Mohan, Akila Krishnakumar, Rajiv Agarwal, Bhavna Doshi, Jayant Deshmukh, Pradeep Udhas, Lingam Venkata Prabhakar, Rakesh Bhatia and Sudip Basu.
[33] Asiamoney magazine named it India's best bank for Environmental, Social, and Governance (ESG) practices that same year.