Mumbai, September 19, 2026: IndusInd Bank has been recognised with the ‘Best Bank Financing the Industry’ award at the 52nd India Gems & Jewellery Awards (IGJA), hosted by the Gems & Jewellery Export Promotion Council (GJEPC) at Bharat Diamond Bourse, Mumbai. This recognition marks IndusInd Bank’s 11th consecutive IGJA accolade since 2015.
The award was received by Ganesh Sankaran, Executive Director, IndusInd Bank and Niraj Shah, Head – Corporate Banking, IndusInd Bank, in presence of dignitaries: Union Home Minister and Minister of Cooperation Shri Amit Shah, Maharashtra Chief Minister Shri Devendra Fadnavis, Deputy Chief Minister Shri Eknath Shinde, Gujarat Deputy Chief Minister Shri Harsh Sanghavi, and GJEPC Chairman Shri Kirit Bhansali.
As the only bank to be recognised at this year’s awards, the honour reflects IndusInd Bank’s deep sector expertise and longstanding commitment to supporting businesses across the Gems and Jewellery value chain. IndusInd Bank received the award in the category of ‘Best Bank Financing the Industry’, recognising the highest growth in credit limits sanctioned, with a minimum base of ₹500 crore. The Bank continues to provide tailored financing solutions that enable the industry to grow, compete globally and adapt to evolving market dynamics.
Gems & Jewellery accounted for 2.80% of IndusInd Bank’s overall loan book as of Q1 FY27 and remains a flagship business segment for the Bank. IndusInd Bank is among the leading financiers to the industry, offering solutions across rough diamonds, polished diamonds, jewellery manufacturing and distribution, domestic retail, and emerging segments such as lab-grown diamonds.
ABOUT INDUSIND BANK
IndusInd Bank Limited has been redefining banking for the past 32 years and has been a force for progression and innovation, offering an elevated banking experience for its diverse range of stakeholders, including government entities, PSUs, retail customers, and large corporations. The Bank’s product offerings include microfinance, personal loans, debit/credit cards, SME loans, advanced digital banking facilities, affluent and NRI banking services, vehicle financing, and innovative ESG-linked financial products.
The Bank also caters to the growing Indian diaspora with representative offices in Dubai, and Abu Dhabi. As of June 30, 2026, IndusInd Bank serves around 42 million customers through 3,137 branches/banking outlets and 2,853 ATMs, reaching 1.60 lakh villages across India. IndusInd Bank leverages technology through its ‘Digital 2.0’ strategy, ensuring multi-channel delivery and a robust digital infrastructure. In each of its unique offerings that include ‘INDIE’ – the one-stop-shop for all things digital banking; innovation and customer centricity remain at the core. IndusInd Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.
