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IndusInd Bank Launches 'INDIE for Business' Digital Platform to Empower MSMEs.

Banking & Finance | Dated: 03 Jul 2025

In July 2025, IndusInd Bank launched ‘INDIE for Business’, a dedicated digital banking platform aimed at strengthening financial services for India’s 60+ million Micro, Small and Medium Enterprises (MSMEs), with a strategic focus on boosting MSME revenue over the next three years.

🎯 Key Highlights:

  • - Launched in Mumbai, Maharashtra, the platform ‘INDIE for Business’ is part of IndusInd Bank’s broader digital innovation strategy and MSME growth roadmap. It offers an all-in-one interface for MSMEs covering payments, collections, loans, tax payments, and account management, aiming to double MSME revenues by FY2028.
  • - INDIE for Business introduces several industry-first features, including a 360-degree consolidated view of all business accounts, real-time tracking of loan balances, EMIs, and due dates. It also supports profile switching for entrepreneurs handling multiple business entities, improving control and visibility over multi-account financial operations.
  • - The platform supports seamless financial operations by enabling bulk payments for vendor invoices and employee salaries. It also allows digital payment of statutory dues such as Goods and Services Tax (GST), income tax, and customs duties—making it a unified destination for regulatory and financial compliance for MSMEs.

💡 Other Important Facts:

  • (i) To simplify MSME onboarding, the platform offers a fully digital, paperless registration process. Businesses can onboard instantly using Aadhaar-based verification, debit card authentication, or internet banking credentials. This self-service digital approach is designed to eliminate manual paperwork and physical branch visits entirely.
  • (ii) Post-onboarding, MSMEs gain access to a wide range of payment acceptance options, including Point of Sale (POS) terminals, QR codes, and digital payment links. These tools aim to enhance revenue collection, enable smoother transactions, and provide digital solutions to MSMEs irrespective of their scale or sector.
  • (iii) The platform also addresses cross-border payment needs by offering fast, paperless solutions to MSMEs engaged in international trade. With ‘INDIE for Business’, IndusInd Bank seeks to position itself as a digital banking leader in the MSME segment by combining convenience, compliance, and scalability into one secure interface.

📚 Test Your Knowledge:

Recently, which private sector bank launched the digital banking platform 'INDIE for Business' to empower India's MSMEs?

Correct Answer: IndusInd Bank

🚀 Quick Recap:

About IndusInd Bank

  • CEO: Sumant Kathpalia
  • Headquarter : Mumbai