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    <author>ENA</author>
    <category>MSME</category>
    <date>2025-07-01 14:58:11</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Jul 1 (KNN) &lt;/strong&gt;IndusInd Bank has launched 'INDIE for Business', a comprehensive digital banking platform designed to serve the financial needs of micro, small, and medium enterprises across India.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The platform aims to streamline banking operations for business owners by providing a unified interface that consolidates payments, loans, collections, and account management services into a single digital solution.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The new platform is accessible through both mobile applications for Android and iOS devices, as well as web browsers, offering flexibility in how businesses access their banking services.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;INDIE for Business is positioned to help entrepreneurs manage their financial operations more efficiently while maintaining focus on business growth and development.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;IndusInd Bank has set an ambitious target of reaching over 60 million enterprises within India's MSME segment through this digital platform.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The bank has designed the service to address the evolving financial requirements of small and medium businesses across various sectors.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The platform features several specialised tools for business banking, including a comprehensive view of all business accounts and real-time monitoring of loan balances, EMI schedules, and payment due dates.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The system supports digital self-onboarding processes, allowing new users to set up their accounts without requiring physical branch visits.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;INDIE for Business includes functionality for managing multiple business entities through seamless profile switching, catering to entrepreneurs who operate several ventures.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The platform supports bulk payment processing for employee salaries and vendor payments, as well as direct tax payments including GST, income tax, and customs duties.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The system incorporates a digital approval workflow with role-based access controls, enabling business owners to grant specific permissions to sub-users such as accountants or finance staff.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This feature is designed to provide operational flexibility while maintaining security and proper authorisation protocols for financial transactions.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>42642</id>
    <link>https://knnindia.co.in/news/newsdetails/msme/indusind-bank-launches-digital-banking-platform-for-small-and-medium-enterprises</link>
    <pubDate>2025-07-01 14:58:11</pubDate>
    <source>knnindia.co.in</source>
    <title>Indusind Bank Launches Digital Banking Platform For Small And Medium Enterprises</title>
</root>
