Thane is a city in the northwestern side of Maharashtra, around 25 kilometers away from Mumbai. Just like Mumbai, Thane experiences a humid tropical climate with heavy rainfall during monsoon. An immediate neighbor of Mumbai, Thane, is an extremely populous urban agglomeration with nearly two million residents. It is a part of the huge Mumbai Metropolitan Region. Being more of a residential city, the people of Thane mostly work in the service sector of the Mumbai Metropolitan area. Thane generates the fifth largest GDP in the state. Thane holds great records of history. Indias first railroad was laid in Thane and it was the terminus for Asias first ever passenger train which was inaugurated on 6th April 1853. The train connected a stretch of 34 kilometers from Thane to Colaba. The city has rapidly developed and is now well-connected with several neighboring suburbs and other cities through railways as well as roadways. With a handsome share of skyscrapers and plenty of amenities, Thane has become one of the most well-developed and well-planned cities in Maharashtra. Thane provides a great number of opportunities as well as a lifestyle similar to Mumbais. Thane is away from the cacophony of Mumbais city life, yet it is near enough to feel Mumbais lively vibes.
Established in 1994,the IndusInd Bank Ltd is a Mumbai based bank which offers commercial and electronic banking products and services. The Union Finance Minister, Mr.Manmohan Singh inaugurated it in April 1994. The operations of the bank started under the chairmanship of S.P Hinduja on 17th April 1994, with the aim of serving to the NRI community. The name of the bank is inspired from the Indus Valley Civilization.The bank began with a capital amount of Rs.1 billion out of which Rs. 600 million had been raised by the Indian residents and rest of the amount by NRIs.Among the new-generation private banks, IndusInd Bank is the first in India. The bank has its specialization in retail banking, and it keeps on upgrading its support systems through new technologies. It is also expanding its branches all across the country along with global spread. The IndusInd bank has its subsidiaries in Abudhabi, London, and Dubai. The maximum number of offices in India are in New Delhi, Mumbai, and Chennai. It has 1885 ATMs and 1004 bank branches across 625 locations of the country as on June 2016. The bank has been ranked 13th among top 50 most valuable brands on Brandz Top in the year 2015.