IndusInd Bank has incorporated a wholly owned subsidiary company namely, IndusInd Financial Inclusion’ (IFIL) on August 6, 2018, for the purposes of the Composite Scheme of Arrangement between IndusInd Bank, Bharat Financial Inclusion and WOS. The certificate of incorporation of IFIL, including PAN and TAN, was received on August 9, 2018.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.