Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
IndusInd Bank today announced that it has introduced ‘INDIE for Business', a comprehensive digital banking platform designed to transform how the micro, small, and medium enterprises (MSMEs) manage their finances. Crafted for business owners who seek a seamless and intuitive experience, the platform offers a unified interface that brings together all banking needs - across payments, loans, collections, and account insights - into a single platform. INDIE for Business empowers entrepreneurs with greater control, efficiency, and transparency, helping them focus on growing their enterprise while this digital platform takes care of their financial operations. The platform is accessible via mobile application (android & iOS) and web browser.
Through INDIE for Business, IndusInd Bank aims to reach over 60 million enterprises within India's MSME segment, offering a powerful suite of features tailored to their evolving needs. The platform incorporates several industry-first features, such as a 360° view of all business accounts, real-time tracking of loan balances, EMIs and due dates, digital self-onboarding, along with seamless profile switching for entrepreneurs managing multiple entities. Businesses can also make bulk payments for salaries and vendors, pay GST, income tax, and customs duties directly from the platform, and authorize transactions on-the-go using a digital approval workflow with role-based access for sub-users like accountants or finance staff, providing added operational flexibility while upholding a secure and structured framework.
IndusInd Bank has expanded its exclusive PIONEER branch network with the launch of five new branches across Delhi-NCR, Kochi, Surat and Goa, taking the total count to 15 PIONEER branches across key locations. This expansion is a strategic step towards scaling the Bank's affluent banking and wealth management franchise, offering high-net-worth individuals (HNIs) and ultra-HNIs a curated, high-touch banking experience supported by a seamless blend of personalized service and digital convenience.
At the heart of the PIONEER proposition is the Client Ownership Model, where each client is served by a dedicated duo - a Relationship Manager and a Service Relationship Manager, trained to manage every aspect of the client's banking journey. This relationship-led approach is backed by over 900 certified RMs, 150+ SRMs (Service RMs), and 100+ domain specialists, ensuring both personalized attention and domain expertise. Clients also benefit from INDIE, the Bank's digital platform that enables one-touch access to their relationship team, real-time event-based updates, and seamless service requests such as doorstep banking, locker bookings, or card upgrades.
In the cash market, the Nifty 50 index tumbled 41.35 points or 0.17% to 24,812.05.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 0.88% to 14.28.
Hindustan Zinc, IndusInd Bank and Bombay Stock Exchange (BSE) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The June 2025 F&O contracts will expire on 26 June 2025.
Adding to the optimism, recent Reserve Bank of India (RBI) remarks recognizing the bank's clean-up efforts have offered a layer of regulatory reassurance. The brokerage also flagged that an RBI nod allowing promoters to raise their stake could further calm investor nerves.
IndusInd Bank has had its fair share of turbulence in recent months, battling governance lapses and accounting issues. But it has been in damage control mode -- cleaning up its books and making one-time provisions to close legacy chapters.
On the numbers front, the brokerage has raised its FY27-28F EPS estimates by 14-16%, citing stronger net interest income (NII) and lower credit costs. It expects RoA to climb to 0.8-1.1% and RoE to 7-10% over FY26-28F, a profitability outlook it says is more promising than peers like SBI and BoB.
Key risks flagged by the brokerage include the potential discovery of more discrepancies in the bank’s books and delays in finalizing new leadership. These could weigh on investor sentiment and stall the bank’s turnaround momentum.
IndusInd Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.
The bank reported a standalone net loss of Rs 2,235.99 crore in Q4 FY25 as against a net profit of Rs 2,346.84 crore posted in Q4 FY24. Total income declined 22.83% year on year to Rs 11,342.65 crore in Q4 March 2025.