IndusInd Bank has announced the launch of ‘INDIE for Business,’ a digital-first banking platform aimed at empowering India’s 60 million+ Micro, Small, and Medium Enterprises (MSMEs). The platform is designed to streamline banking processes for business owners by offering a unified digital interface for payments, loans, collections, and account management.
With this launch, IndusInd Bank aims to double its MSME revenue over the next three years. Over 100,000 MSMEs have already been onboarded, and the bank expects more than 2 million MSMEs to join the platform in the near future.
‘INDIE for Business’ offers several industry-first features, including a 360-degree view of business accounts, real-time loan tracking, digital self-onboarding, bulk payments, GST and tax payments, and cross-border payment solutions. The platform is accessible via both mobile apps and web browsers.
Charu Sachdeva Mathur, Head – Digital Banking & Strategy (Existing Business), IndusInd Bank, said the platform will play a key role in addressing the evolving needs of MSMEs and boosting India’s digital economy vision.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
