NSEPress Release10 Sept 2026 · 10 Sept 2026, 01:46 pm
Press Release
IndusInd Bank Limited · INDUSINDBK
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IndusInd Bank Limited has partnered with Navi UPI to strengthen the technology infrastructure supporting its UPI operations. The partnership will introduce a new UPI payment switch, enhancing the resilience and ability to scale as Navi UPI's payments business grows.
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Full Announcement
IndusInd Bank Limited has informed the Exchange regarding a press release dated September 10, 2026, titled "Navi UPI and IndusInd Bank partner to strengthen infrastructure behind everyday digital payments".
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September 10, 2026
National Stock Exchange of India Limited (Symbol: INDUSINDBK)
BSE Limited (Scrip Code: 532187)
Luxembourg Stock Exchange
Madam / Dear Sir,
Sub.: Press Release
Ref.: Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Please find enclosed herewith the copy of the Press Release titled as “Navi UPI and IndusInd
Bank partner to strengthen infrastructure behind everyday digital payments” dated September
10, 2026.
In this connection, the Bank will issue a press release today.
This intimation is also being hosted on the Bank’s website at www.indusind.bank.in
We request you to take the information on record.
Thanking you,
Yours faithfully,
For IndusInd Bank Limited
Anand Kumar Das
Company Secretary
Encl.: a/a
Solitaire Corporate Park Office: IndusInd Bank Limited, Building No.7, Ground floor, Solitaire
Corporate Park, Andheri –Ghatkopar Link Road, Chakala Andheri (E), Mumbai – 400 093, India, Tel: (022)
66412442
Registered Office: 2401 Gen. Thimmayya Road, Pune 411001, India
Contact us:(020) 2634 3201| Email us: reachus@indusind.com | Visit us:www.indusind.bank.in
CIN: L65191PN1994PLC076333
Press Release
Navi UPI and IndusInd Bank partner to strengthen infrastructure behind
everyday digital payments
• The switch will be introduced in phases across Android and iOS devices and will be available to
all Navi UPI users over the coming days.
Mumbai, September 10, 2026: Navi UPI, today announced a partnership with IndusInd Bank to strengthen
the technology infrastructure supporting its UPI operations. The partnership brings together IndusInd
Bank’s banking capabilities and Navi’s technology know-how to help bolster and scale the foundation for
Navi UPI as digital payments continue to grow.
From paying for a morning cup of tea to splitting a dinner bill or paying monthly bills, UPI has become an
integral part of everyday life for millions of Indians. As the scale and adoption of digital payments continue
to grow, the technology powering these transactions needs to evolve alongside them.
At the heart of the partnership is a new UPI payment switch, which helps process and route transactions
between participants in the UPI ecosystem. The addition of the new switch will further diversify Navi UPI’s
technology stack, while enhancing its resilience and ability to scale as its payments business grows.
Commenting on the partnership, Rajiv Naresh, MD & CEO, Navi Limited, said, “We have always
believed that a great digital financial experience is built on a combination of strong technology, thoughtful
product design and a deep understanding of the customer. Our partnership with IndusInd Bank adds another
important layer to our UPI capabilities that we hope strengthens the foundation for a more reliable and
seamless UPI experience for our customers. We value the trust and collaborative approach that the team at
IndusInd Bank has brought to this partnership and look forward to building on our shared strengths as we
continue to scale.”
Ganesh Sankaran, Executive Director, IndusInd Bank, said,” Our partnership with Navi UPI marks an
important milestone, reflecting our shared focus on building resilient digital payment ecosystems. Behind
every successful digital payment experience is robust and scalable infrastructure that customers can rely on
every day. We look forward to supporting Navi UPI as it continues to scale and deliver secure, reliable and
frictionless payment experiences to its customers.”
The partnership was announced at the Global Fintech Fest 2026 in Mumbai, where the two organisations
formally marked the milestone.
ABOUT NAVI
Navi Limited (formerly known as Navi Technologies Limited) is a digital-first financial services company on a
mission to make finance simple for every Indian. Navi offers a suite of financial services including loans, insurance,
mutual funds, and UPI payments.
With users across the country, Navi endeavours to combine in-house technology with deep consumer insight in its
efforts to create financial solutions that are intuitive, accessible, and reliable. Navi seeks to serve customers across
their financial journeys with a single, integrated experience.
For more information, visit: https://navi.com
ABOUT INDUSIND BANK
IndusInd Bank Limited has been redefining banking for the past 32 years and has been a force for progression and
innovation, offering an elevated banking experience for its diverse range of stakeholders, including government
entities, PSUs, retail customers, and large corporations. The Bank’s product offerings include microfinance, personal
loans, debit/credit cards, SME loans, advanced digital banking facilities, affluent and NRI banking services, vehicle
financing, and innovative ESG-linked financial products.
The Bank also caters to the growing Indian diaspora with representative offices in Dubai, and Abu Dhabi. As of June
30, 2026, IndusInd Bank serves around 42 million customers through 3,137 branches/banking outlets and 2,853
ATMs, reaching 1.60 lakh villages across India. IndusInd Bank leverages technology through its 'Digital 2.0' strategy,
ensuring multi-channel delivery and a robust digital infrastructure. In each of its unique offerings that include ‘INDIE’
– the one-stop-shop for all things digital banking; innovation and customer centricity remain at the core. IndusInd
Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is
an empanelled banker for MCX
RATINGS
Domestic Ratings:
• CARE A1+ for Certificate of Deposits
• CRISIL A1+ for certificate of deposit program / short term FD programme
• CRISIL AA+ for Infrastructure Bonds program/Tier 2 Bonds
• IND AA+ for Issuer Rating by India Ratings and Research
• IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research
International Rating:
• Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service
Visit us at www.indusind.bank.in
Twitter: @MyIndusIndBank
Facebook: https://www.facebook.com/OfficialIndusIndBankPage
LinkedIn: https://www.linkedin.com/company/indusind-bank/
Instagram: indusind_bank
For more details, please contact:
Adfactors PR Pvt. Ltd. IndusInd Bank
Saksham Maheshwari Saman Khan | Anshu Jain
saksham.maheshwari@adfactorspr.com mediarelations@indusind.com
Unnati Joshi
Unnati.joshi@adfactorspr.com