Indusind Bank Expands PIONEER Branch Network by 5, Aims to Double AUM

Indusind Bank has expanded its exclusive PIONEER branch network to 15 branches across key locations, aiming to scale its affluent banking and wealth management franchise. This strategic step offers high-net-worth individuals (HNIs) and ultra-HNIs a curated, high-touch banking experience supported by personalized service and digital convenience. The PIONEER proposition is based on a Client Ownership Model, where each client is served by a dedicated duo of Relationship Manager and Service Relationship Manager. The Bank anticipates strong momentum in its wealth management business, underpinned by rising investor sophistication, expanding demand for personalized solutions, and continued investment in digital innovation, product diversification, and relationship excellence. According to industry data, the number of HNI individuals in India is projected to grow by over 100% by 2027.