IndusInd Bank’s Banking Vertical for Growing GCCs

The offering delivers a seamless banking experience, giving GCCs access to a comprehensive suite of solutions through a single banking partner.

Niraj Shah, Country Head – Corporate Banking, IndusInd Bank

FinTech BizNews Service

Mumbai, September 28, 2026: 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.