ESG Highlights Q4 FY23
Digital Strategy at IndusInd continues to drive impact across 3 primary Business Objectives
Open Banking led business models continue to show robust growth
Create scalable,
profitable
Do It Yourself /
Open Banking led
business models
Open Banking / BaaS led business: Digital Partnerships AUM (Assets + Liabilities) grew 3.7X YOY
IndusInd API Stack
•
125+ APIs
•
Cloud Native
Secure with token
management,
authorisation and
authentication
mechanism
High scalability and
resiliency by design
6+ Partners live
•
Aggregators
Fintechs
Payment Banks
.
Payment Service Providers
•
10+ in pipeline
37
Use Cases:
•
KYC/On-boarding
Decision as a Service
Documentation Push
•
Deposit management
Multiple products:
Indexed Client Acquisitions
100
Personal loans
Fixed Deposits
Credit Cards
Consumer Finance
Robust governance framework:
1.8
✗
176
Q4'22
Q4'23
Indexed AUM
KYC
Customer Consent & Data
Privacy
3.7
•
Data localization
X
372
Information Security
Digital Lending Guidelines
•
Grievance Redressal
Business Continuity
100
Mar'22
Mar'23
IndusInd BankView entire presentation