Slider

IndusInd Bank Powers India’s GCC Growth With New Banking Vertical

IndusInd Bank launches GCC Banking vertical, unifying corporate and employee solutions with digital-first platforms and India-focused advisory.
IndusInd Bank Powers India’s GCC Growth With New Banking Vertical

A pioneering proposition, brings together corporate and employee banking capabilities under a single relationship, supported by digital-first platforms and specialist India-focused advisory

IndusInd Bank, today, announced the launch of its dedicated GCC Banking vertical, a pioneering proposition for India’s Global Capability Centre ecosystem. By bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the Bank offers a more integrated and specialised approach to serving the unique requirements of GCCs. Supported by digital-first platforms, responsive service and India-focused advisory expertise, the offering delivers a seamless banking experience, giving GCCs access to a comprehensive suite of solutions through a single banking partner.

India’s GCC ecosystem has grown 32% since FY2021 and now comprises 2,117 GCCs, underscoring the country’s growing importance as a global capability hub and the increasingly sophisticated banking requirements of the sector.

IndusInd Bank’s GCC Banking vertical brings together the bank’s five core capabilities under a single relationship: digital banking, employee banking, commercial card solutions, capital account and FEMA solutions, and foreign-currency accounts through the Bank’s International Banking Unit (IBU) at GIFT City. This integrated approach enables GCCs to manage their business, workforce and cross-border banking needs more seamlessly.

Niraj Shah, Country Head – Corporate Banking, IndusInd Bank, said “India’s GCC ecosystem has evolved beyond traditional shared-services operations, with centres increasingly taking on technology, engineering, analytics, finance, research and other strategic functions for global organisations. As the sector continues to grow in scale and strategic importance, its banking requirements are also becoming more nuanced. IndusInd Bank aims to support these evolving needs through a more integrated banking approach that brings together relevant capabilities and specialist guidance tailored to India-specific requirements.”

The GCC Banking proposition is anchored on three principles:

  • Unified: A single relationship across corporate and employee banking requirements, spanning all five core capabilities.
  • Digital-First: Digital banking platforms and solutions designed to integrate with the operating needs of GCCs and their employees.
  • Responsive: Senior-level access and India-focused specialist advice to support GCCs as their banking and operational requirements evolve.
The International Banking Unit (IBU) at GIFT City further strengthens the proposition by enabling GCCs to access foreign-currency account solutions alongside the Bank’s broader suite of banking capabilities.

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.

RATINGS

CategoryRating
CAREA1+ for Certificate of Deposits
CRISILA1+ for certificate of deposit program / short term FD programme
CRISILAA+ for Infrastructure Bonds program/Tier 2 Bonds
India RatingsIND AA+ for Issuer Rating
India RatingsIND AA+ for Senior bonds program/Tier 2 Bonds
Moody’sBa1 for Senior Unsecured MTN programme
Like this content? Sign up for our daily newsletter to get latest updates. or Join Our WhatsApp Channel
0

No comments

both, mystorymag

Market Reports

Market Report & Surveys
IndianWeb2.com © all rights reserved