NSEPress Release11 Sept 2026 · 11 Sept 2026, 01:23 pm
Press Release
IndusInd Bank Limited · INDUSINDBK
✦ AI Summary▲ PositiveProduct Launch
IndusInd Bank Limited has launched an Overdraft and Cash Credit Linked Corporate Credit Card for businesses, enabling seamless spending, tighter control, and smarter utilization of working capital.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
IndusInd Bank Limited has informed the Exchange regarding a press release dated September 11, 2026, titled "IndusInd Bank Launches Overdraft and Cash Credit Linked Corporate Credit Card for Businesses".
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September 11, 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 “IndusInd Bank
Launches Overdraft and Cash Credit Linked Corporate Credit Card for Businesses”
dated September 11, 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
IndusInd Bank Launches Overdra� and Cash Credit Linked Corporate Credit Card
for Businesses
A pioneering solution enabling seamless spending, tighter control, and smarter utilization of
working capital
Mumbai, September 11, 2026: IndusInd Bank today, announced the launch of an Overdra� (OD) and Cash
Credit (CC) linked Corporate Credit Card designed to give businesses greater control over cashflows,
improved opera�onal efficiency, and smarter u�liza�on of sanc�oned credit limits.
This revolu�onary proposi�on enables the card to operate directly on the customer’s exis�ng OD or CC
account - elimina�ng the need for separate credit limits, billing cycles, or standalone reconcilia�on. By
integra�ng day-to-day business spends with core working capital lines, the solu�on enables businesses to
manage liquidity more efficiently, while ensuring complete transparency and control over expenses.
Commen�ng on the launch, Jagdeep Mallareddy, Execu�ve Director IndusInd Bank said: “Businesses
today, are looking for smarter, more integrated financial solutions that simplify operations, while offering
greater control over cash flows. IndusInd Bank’s OD/CC linked Corporate Credit Card addresses this need
by seamlessly extending the utility of sanctioned working capital limits into payments, driving higher
operational efficiency for businesses. This launch reflects the Bank’s continued focus on leveraging digital
capabilities to deliver innovative solutions that empower businesses and MSMEs to scale with confidence.”
Key features of the card include:
• Direct linkage to OD/CC account - enabling real-�me u�liza�on of sanc�oned limits
• No separate credit limit or billing cycle - simplifying cash flow tracking
• Strong transac�on controls - enabling card holders to set/modify daily transac�on limits any�me
• Centralized expense management - aiding beter control and transparency
• Opera�onal efficiency - by reducing manual processes and reconcilia�on efforts
• Flexible usage - for rou�ne business expenses, vendor payments, and opera�onal spends
The OD/CC-linked Corporate Credit Card enables seamless online and offline payments by drawing directly
from sanc�oned OD or CC limits, delivering greater convenience and stronger financial discipline. The card
will be launched on major card networks in India i.e. NPCI – RuPay, Mastercard, Visa and the product
pla�orm will be powered by PropelGo Technologies.
The Card is now available to eligible IndusInd Bank business customers na�onwide. To know more, visit:
htps://www.indusind.bank.in/in/en/personal/cards/commercial-cards/odcc-linked-credit-card.html
ABOUT INDUSIND BANK
IndusInd Bank Limited has been redefining banking for the past 32 years and has been a force for progression and
innova�on, offering an elevated banking experience for its diverse range of stakeholders, including government
en��es, PSUs, retail customers, and large corpora�ons. The Bank’s product offerings include microfinance, personal
loans, debit/credit cards, SME loans, advanced digital banking facili�es, affluent and NRI banking services, vehicle
financing, and innova�ve ESG-linked financial products.
The Bank also caters to the growing Indian diaspora with representa�ve 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 mul�-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; innova�on and customer centricity remain at the core. IndusInd
Bank holds clearing bank status for major stock exchanges BSE and NSE, setlement bank status for NCDEX, and is an
empanelled banker for MCX.
RATINGS
Domes�c Ra�ngs:
• CARE A1+ for Cer�ficate of Deposits
• CRISIL A1+ for cer�ficate of deposit program / short term FD programme
• CRISIL AA+ for Infrastructure Bonds program/Tier 2 Bonds
• IND AA+ for Issuer Ra�ng by India Ra�ngs and Research
• IND AA+ for Senior bonds program/Tier 2 Bonds by India Ra�ngs and Research
Interna�onal Ra�ng:
• Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service
Visit us at www.indusind.bank.in
Twiter: @MyIndusIndBank
Facebook: htps://www.facebook.com/OfficialIndusIndBankPage
LinkedIn: htps://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 mediarela�ons@indusind.com
Unna� Joshi
Unna�.joshi@adfactorspr.com