IndusInd Bank receives Investment Bank Analyst Rating Update
- ByInvesting.com
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IndusInd Bank Limited (the Bank) is engaged in banking and para-banking services. The Bank is focused on accepting deposits, such as savings accounts, current accounts and fixed deposits, and banking solutions. The Bank is engaged in granting loans to various segments, such as industries and businesses, and retail loans; financing a range of vehicles or equipment to individuals, and priority sector lending. The Bank's segments include Treasury, Corporate / Wholesale Banking, Retail Banking and Other Banking Business. The Treasury segment includes investment portfolios, profit or loss on sale of investments, profit or loss on foreign exchange transactions, equities, income from derivatives and money market operations. The Corporate/Wholesale Banking segment includes lending to and deposits from corporate customers. The Retail Banking segment includes lending to and deposits from retail customers.