Indusind Bank Limited has informed the Exchange regarding a press release dated July 01, 2025, titled "IndusInd Bank launches INDIE for Business , a Digital-first Platform Designed to Empower India s 60 million+ MSMEs".
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IndusInd Bank has launched 'INDIE for Business', a digital-first banking platform aimed at India's 60 million+ micro, small, and medium enterprises (MSMEs). The platform offers a unified interface for payments, loans, collections, and account management, with features like paperless onboarding, bulk payments, GST/tax/customs payments, and cross-border transactions. The bank aims to double its MSME revenue over the next three years, with around 100,000 MSMEs already onboarded and a target of over 2 million in the near future. The platform recently won 'Best Digital Platform for Business Banking' at the Finnoviti Awards 2025. IndusInd Bank serves approximately 41 million customers through 3,081 branches as of March 31, 2025.
This is a positive strategic move targeting a large and under-served segment, with the bank explicitly guiding to double MSME revenue over three years. If executed well, it could drive meaningful growth in fee income and deposits, potentially boosting long-term valuation, though near-term financial impact will depend on customer acquisition and monetization pace.