SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indusind Bank concludes acquisition of RBS’ Diamond & Jewellery financing business in India

27 Jul 2015 Evaluate

Induslnd Bank has completed the acquisition of the entire Diamond & Jewellery financing business portfolio of Royal Bank of Scotland N.V. (RBS) migrating to the bank. The acquired loan portfolio is approximately Rs 4,100 crore. The bank had earlier on April 10, 2015, entered into an agreement with Royal Bank of Scotland N.V. (RBS) to acquire its Diamond and Jewellery financing business in India and related deposit portfolio; subject to regulatory approval.

IndusInd Bank which commenced operations in 1994 caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel distribution networks. As on June 30, 2015, bahk has 811 branches and 1,543 ATMs spread across the country.



Indusind Bank Share Price

853.15 4.60 (0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×