NSEPress Release4d ago · 6 Nov 2026, 10:39 am
Press Release
IndusInd Bank Limited · INDUSINDBK
✦ AI Summary▲ PositiveExpansion
IndusInd Bank Limited has partnered with J.P. Morgan Payments to enhance outward remittance experience by expanding coverage to 123 currencies. The collaboration will enable direct settlement in beneficiaries' local currencies and simplify the remittance journey.
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Full Announcement
IndusInd Bank Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "IndusInd Bank leverages J.P. Morgan Payments to enhance outward remittance experience by expanding coverage to 123 currencies".
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November 06, 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 leverages
J.P. Morgan Payments to enhance outward remittance experience by expanding coverage to
123 currencies” dated November 06, 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
IndusInd Bank leverages J.P. Morgan Payments to enhance outward remittance
experience by expanding coverage to 123 currencies
J.P. Morgan Payments’ Xpedite solution enables direct settlement in beneficiaries’ local currencies and
expands currency access for IndusInd Bank’s customers.
Mumbai, November 06, 2026: IndusInd Bank and J.P. Morgan Payments will enhance the outward
remittance experience for IndusInd Bank customers so they can send payments in 123 currencies. Through
the integration of J.P. Morgan Payments’ Xpedite solution, IndusInd Bank customers will be able to send
funds directly in the beneficiary’s local currency, benefiting from best-in-class settlement capabilities that
simplify the remittance journey and reduce the need for intermediary currency conversions.
The Xpedite solution uses the global network of J.P. Morgan Payments, provides automated currency rate
feeds, and streamlines processing to make transfers faster and more efficient.
Currently, customers can access this service at IndusInd Bank branches. Soon, the service will be available
through online and mobile banking, enabling customers to initiate outward remittances anytime, 24/7.
Ganesh Sankaran, Executive Director, IndusInd Bank, said, “Our customers are increasingly engaging with
global markets, making simpler and more seamless international payments an important priority for us.
By collaborating with J.P. Morgan Payments, we are strengthening our cross-border payments
capabilities, expanding access to 123 currencies and enabling direct local-currency settlements. This
enhances the remittance experience for our customers while reinforcing our commitment to building a
more connected, convenient and future-ready banking experience.”
Guhaprasath Rajagopal, Head of India Payments, J.P. Morgan Payments, said, “Through J.P. Morgan
Payments’ Xpedite solution, we will deliver an integrated cross-border payments experience for IndusInd
Bank customers. By combining our global platform with local expertise, we serve as a trusted
correspondent bank for cross-border solutions, enabling customers to move money faster and more
safely.”
The collaboration further strengthens IndusInd Bank’s ability to serve customers with international
payment needs, while providing access to a broader range of currencies through a single banking
relationship. Click here for more information.
J.P. Morgan Payments combines treasury services, trade & working capital, blockchain and tokenization,
and card and merchant services capabilities to help clients pay customers or employees, in different
currencies, around the world. It processes nearly $12 trillion payments daily, operating in over 160
countries and over 120 currencies.
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
September 30, 2026, IndusInd Bank serves around 42 million customers through 3,139 branches/banking outlets
and 2,773 ATMs, reaching 1.54 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 Anshu Jain | Saman Khan
saksham.maheshwari@adfactorspr.com mediarelations@indusind.com
Unnati Joshi
Unnati.joshi@adfactorspr.com