Archive · 28 Sep 2026
IndusInd Bank Launches GCC Banking Vertical for India’s Expanding Ecosystem
IndusInd Bank has created a new banking service for Global Capability Centres in India.
These centres are offices that handle important work for companies around the world.
India now has 2,117 such centres, and their number has grown by 32% since FY2021.
The new service brings business banking and employee banking together.
It will offer digital banking, cards, foreign-currency accounts, and help with certain financial rules.
The bank says customers will have one main relationship for these services.
Its International Banking Unit in GIFT City will help provide foreign-currency accounts.
The bank wants to give GCCs specialized advice as their needs change.
IndusInd Bank announced a dedicated banking vertical for India’s Global Capability Centres on September 28, 2026.
The vertical combines corporate and employee banking services under one relationship model.
Its five capabilities include digital banking, employee banking, commercial cards, capital account and FEMA solutions, and foreign-currency accounts.
India’s GCC ecosystem has grown 32% since FY2021 and now includes 2,117 centres.
The bank’s International Banking Unit at GIFT City will provide foreign-currency account solutions for GCCs.
- Who
- IndusInd Bank, including its Corporate Banking team led by Niraj Shah, and India’s Global Capability Centres.
- What
- IndusInd Bank launched a dedicated GCC Banking vertical combining corporate and employee banking services.
- When
- September 28, 2026; the customer figures cited are as of June 30, 2026.
- Where
- India, with foreign-currency solutions provided through the International Banking Unit at GIFT City.
- Why
- To address the expanding banking needs of India’s GCC ecosystem through integrated services and specialist guidance.
- GCC ecosystem size
- 2,117 Global Capability Centres in India
- GCC ecosystem growth
- Up 32% since FY2021
- Launch date
- September 28, 2026
- Core capabilities
- Digital banking, employee banking, commercial cards, capital account and FEMA solutions, and foreign-currency accounts
- Foreign-currency provider
- IndusInd Bank’s International Banking Unit at GIFT City
- IndusInd Bank customers
- Approximately 4.2 crore as of June 30, 2026
- Bank network
- 3,137 branches or banking outlets and 2,853 ATMs