Bridging the Financial Inclusion Gap
Digital Strategy at IndusInd continues to drive impact across 3 primary Business Objectives
Direct platform led business continues to grow at a robust pace
Do It Yourself (DIY) Direct Platform led Business: Assets grew 450% YoY, Liabilities grew 53% YoY
Open Banking / BaaS led business: Digital Partnerships AUM (Assets + Liabilities) grew 3X YoY
Platform Marketing / Do It Yourself
Business
Assets ENR Indexed (Rs Cr)
Open Banking / BaaS led business
Indexed AUM (Assets + Liab)
IndusInd API Stack
• Cloud Native
550
.
Secure with token
600
500
400
Create scalable,
300
profitable
200
Do It Yourself /
100
100
Open Banking led
0
business models
5.5x
management,
authorisation and
authentication
mechanism
• High scalability and
resiliency by design
Use Cases:
KYC/On-boarding
Decision as a Service
Q3 FY 23
.
Q3 FY 22
Liabilities ENR Indexed (in Cr)
200
1.5x
150
150
100
100
50
0
Q3 FY 22
Q3 FY 23
BaaS = Banking as a Service
35
•
Documentation Push
•
Deposit management
•
Multiple products:
•
Personal loans
Deposits
5.3X
531
100
Q3'2
Q3'2
2ndexed Client Base
297
3X
•
Credit Cards
100
.
Consumer Finance
Q3'22
Q3'23
IndusInd BankView entire presentation