Bengaluru, December 10, 2025: IndusInd Bank and Jio-bp today have announced the launch of the ‘IndusInd Bank Jio-bp Mobility+ Credit Card’, a unique co-branded offering designed to provide exceptional value and convenience. The card is tailored for customers looking for enhanced fuel benefits along with exclusive lifestyle rewards.

Powered by the RuPay network, the all-new Mobility+ Credit Card is designed for India’s rapidly growing community of digitally savvy, on-the-go consumers. It delivers unmatched value by combining accelerated fuel rewards across Jio-bp’s expansive network of 2050+ Mobility Stations with exclusive lifestyle privileges and UPI-enabled convenience, making it a first-of-its-kind co-branded offering.

Key Features of the IndusInd Bank Jio-bp Mobility+ Credit Card

Fuel Rewards at Jio-bp touchpoints:

o    400 bonus Reward Points on the first fuel transaction at Jio-bp Mobility Stations within 30 days of card set up

o    12 Reward Points per ₹100 spent at Jio-bp Mobility Stations, convenience stores, and wildbean cafe outlets

o    Monthly bonus of 200 Reward Points on spending Rs. 4,000 at Jio-bp Mobility Stations 

Lifestyle Benefits:

o    Complimentary wildbean coupon worth Rs. 200 on first transaction at the cafe within 30 days of card set up

o    Earn 5 Reward Points per ₹100 spent on supermarket, dining, and grocery purchases

Milestone Rewards:

o   4,000 bonus Reward Points on annual spends of ₹2 lakh or more

Digital Convenience:

o   UPI-enabled transactions via RuPay for seamless payments.

o   Joining fee of ₹499 + GST, which will be waived off on making spends of Rs. 10,000 or more within 30 days of card set up.

o   Option to redeem reward points at Jio-bp Mobility Stations, convenience stores, and wildbean cafe outlets.

Speaking on the launch, Mr. Rajiv Anand, Managing Director & CEO, IndusInd Bank, said, “We are pleased to partner with Jio-bp to launch the IndusInd Bank Jio-bp Mobility+ Credit Card, a product that reflects our shared commitment to innovation and customer-centricity. The collaboration brings together IndusInd Bank’s financial expertise and Jio-bp’s expansive network to create a future-ready solution that goes beyond transactions, empowering customers to embrace a smarter, more rewarding mobility experience. As we continue to strengthen our offerings, this partnership marks a significant step in shaping innovative solutions that deliver unmatched value for today’s dynamic consumers.” 

Jio-bp Chairman, Sarthak Behuria said “At Jio-bp, our strategy is anchored in our commitment to innovation and a deep focus on enhancing every customer’s mobility experience. This collaboration reflects our long-term vision to integrate cutting-edge digital solutions with meaningful, everyday value. It represents a strategic step toward reshaping the mobility ecosystem, improving how customers access fuel and related services, while setting new standards for convenience, rewards, and digitally driven experiences across India.” 

Further to this, Jio-bp CEO, Akshay Wadhwa added, “With this collaboration, we are delivering yet another compelling value proposition that meaningfully rewards our esteemed customers for their mobility needs. Customers can receive up to 60 litres of free fuel annually and earn up to 4.25% back on every fueling at Jio-bp. This value back, coupled with UPI-enabled transactions and ACTIVE Technology fuels, underscores our commitment to offering transformative, futuristic mobility solutions to our customers.”

The IndusInd Bank Jio-bp Mobility+ Credit Card is available for application through select Jio-bp outlets and digital platforms. Customers can enjoy quick digital onboarding and start earning rewards from day one.

The recent key leadership appointments at IndusInd Bank include:

• Mr. Amitabh Kumar Singh, Chief Human Resources Officer (CHRO), IndusInd Bank

Mr. Amitabh Kumar Singh brings 28 years of experience in Human Resources, and leads the Bank’s Human Capital strategy, focusing on succession planning, governance enhancement, organizational effectiveness, and building leadership pipelines aligned with the Bank’s growth ambitions. Further, he is responsible for strengthening cultural alignment, driving digitisation of HR processes, and fostering an environment of performance, inclusion, integrity and innovation. Prior to joining IndusInd Bank, he spent two decades in senior leadership roles across the ICICI Group, including as CHRO at ICICI Home Finance, and held key roles at ICICI Prudential Life Insurance and ICICI Bank. Mr. Singh Holds a Postgraduate degree in Human Resources (PMIR) from XISS, Ranchi. 

• Mr. Tapobrat Chaudhuri, Managing Director & CEO, Bharat Financial Inclusion Ltd (BFIL) 

A seasoned leader with over 26 years of experience across Microfinance, Retail and Rural lending, Mr. Tapobrat Chaudhari will play a pivotal role in driving BFIL’s strategic priorities, including strengthening asset quality and collections, reducing delinquencies, optimizing costs, and enhancing synergies between IndusInd Bank and BFIL to further granularize the retail business while reinforcing compliance and governance frameworks. Prior to joining IndusInd Bank, he served as President & Business Head – Microfinance at Kotak Mahindra Bank, where he successfully scaled a granular and diversified loan portfolio, introduced data and digital-led solutions, for superior customer products and service offerings. He has previously worked with Axis Bank and the State Bank of India Group across Corporate and Retail Banking. Mr. Chaudhari holds a bachelor’s degree in Science from Ranchi University and is a Certified Associate (CAIIB) of the Indian Institute of Banking & Finance. 

• Mr. Balaji Narayanamurthy, Chief Data Officer, IndusInd Bank 

Mr. Balaji Narayanamurthy brings over 25yrs of expertise across Banking, Analytics, Data Science, Technology and Artificial Intelligence, and will lead the Bank’s Data Strategy, Business Intelligence, Advanced Analytics, AI initiatives, and Data Engineering capabilities. Before joining IndusInd Bank, he served as President & Head of the Business Intelligence Unit and later as Head of Enterprise AI at Axis Bank, where he built enterprise-wide data, analytics and AI systems spanning customer cross-sell, risk, and revenue optimization. His prior experience includes a decade in the US credit-card industry, with leadership roles at Barclays US and Capital One, including Group Director of Analytics. He began his career with Citibank India. Mr. Narayanamurthy holds a bachelor’s degree in Electronics & Communication Engineering from IIT Chennai and a Post Graduate Diploma in Management from IIM Lucknow. 

• Mr. Ganesh Sankaran, Head – Wholesale Banking Group at IndusInd Bank 

A seasoned banking leader with over three decades of experience across Wholesale, Retail Credit and SME, Mr. Ganesh Sankaran will develop Bank’s strategy and business in areas like Corporate Banking, Institutional Banking including PSU & Govt Banking, Gems & Jewellery, SME & Mid-Market Group, New Age Economy, Real Estate, Corporate Agri Business, Supply Chain Finance, Transaction Banking and Project & Structured Finance.

Mr. Sankaran has held senior leadership positions at leading private sector Banks, playing a pivotal role in building businesses, driving large-scale business transformations, and delivering consistent performance. His career reflects depth in relationship management, credit and risk, product expertise, and board-level exposure. Prior to joining IndusInd Bank, his major banking career spans across Axis Bank, Federal Bank and HDFC Bank. Mr. Ganesh Sankaran has also served on the boards of Axis Capital, Equirus Capital, and Fedbank Financial Services. He also acted as Executive Director & Board Member at Federal Bank.

The launch event was graced by Dr. Mahantesh G. Kivadasannavar, Chairman of the CABI and Founder & Managing Trustee of Samarthanam Trust for the Disabled, alongside CABI officials, the team’s Captain and Vice-Captain, and Ms. Matilda Lobo, Executive Vice President & Head – Corporate Social Responsibility, Ms Meenakshi Lekhi – Chair, Women’s T20 World Cup – Cricket for the Blind, 2025 IndusInd Bank, Ms H.E. Mahishini Colonne High Commissioner Sri Lanka High Commissioner to India  the official supporters of Team India.

IndusInd Bank has been a proud supporter of blind cricket for over a decade, consistently championing initiatives that promote inclusivity and empowerment through sports. Bank’s long-standing association with the Cricket Association for the Blind in India (CABI) reflects deep commitment to creating equal opportunities for visually impaired athletes through their CSR initiative.

The unveiling of the jersey marked a moment of immense pride as the Indian squad gears up to represent the nation in the world’s first-ever Women’s T20 World Cup for the Blind. The tournament, co-hosted by India and Sri Lanka, will be played across New Delhi, Bengaluru, and Colombo from November 11–23, 2025, featuring seven participating countries- Australia, India, Nepal, Pakistan, Sri Lanka, and the USA.

Ms. Matilda Lobo, Executive Vice President & Head – Corporate Social Responsibility, IndusInd Bank said “At IndusInd Bank, we believe in the power of sport to transform lives and foster inclusion. Supporting the Women’s T20 World Cup for the Blind is not just about the sport—it’s about celebrating courage, resilience, and the indomitable spirit of these athletes. The team jersey resonates this ethos, and we are proud to stand alongside these remarkable women as they break barriers and inspire a new generation.”

Speaking on the occasion, CABI chairman Dr. Mahantesh G. Kivadasannavar said, “This is a moment of great pride not just for CABI but for the entire nation. These women have shown immense determination and resilience to reach this stage. The jersey symbolizes their hard work, unity, and the spirit of inclusivity that this World Cup (Cricket for the Blind) represents. I also extend my heartfelt gratitude to IndusInd Bank for their continued support and belief in the vision of empowering visually impaired athletes.”

“It’s a dream come true to wear the jersey and represent India at the T20 Women’s World Cup for the Blind.” said the Captain of the Indian Women’s Cricket Team for the Blind – Ms Deepika T. C. “It is my privilege and honor to lead the team in the first ever World Cup. I played the IBSA World Games and was part of the winning squad.  We have all grown over the years from where we started, and the entire team knows how important this World Cup to all of us is individually and in promoting cricket for the blind in India. We have worked hard to be here and will continue to be humble on and off the field to strive better. Thank you, IndusInd Bank, for supporting us in our journey of transformation.”

Addressing the Media Ms Meenakshi Lekhi – Chair, Women’s T20 World Cup – Cricket for the Blind, 2025 expressed “I have been associated with the cause of Specially Abled Blind persons for more than three decades and Cricket Association for the Blind in India and the Samarthanam Trust for the Disabled for over a decade. During this journey, I have witnessed the unwavering passion and commitment of players and officials striving to bring glory to our nation. The launch of Dream Cricket for Women marks an inspiring new chapter, and I am truly delighted to be part of this remarkable initiative — not only in supporting the organizers but also in celebrating the incredible women athletes whose dedication, hard work, and success inspire us all. I extend my heartfelt congratulations to all the participating teams in this inaugural World Cup. May this event serve as a beacon of hope, reminding us that with perseverance and determination, the sky is truly the limit for our dreams. Special abilities are no deterrence to our shared aspirations, let us fructify all those aspirations including winning a World Cup in cricket for India”

Speaking at the occasion, H.E. Mahishini Colonne, Sri Lanka’s High Commissioner to India said “Cricket holds a very special place in the hearts of both Indians and Sri Lankans, and the upcoming World Cup is set to be a truly significant event for fans across the region. For us, it’s also a meaningful opportunity to raise awareness about the abilities of visually impaired individuals and to highlight that no challenge can hold them back. As Ms Meenakshi Lekhi rightly said, it’s about focusing on ability, not disability. I’m confident that the people of Sri Lanka are just as excited and enthusiastic about the World Cup as everyone here.”

A total of Six Countries will participate in the inaugural World Cup. Australia, Nepal, Pakistan, Sri Lanka, United States of America and the host India.  Five participating teams are scheduled to arrive in New Delhi on November 10, ahead of the grand inauguration ceremony on November 11 at Modern School Barakhambaa New Delhi. The tournament will feature 15 league matches, two semi-finals, and a grand finale. Pakistan will play all the matches at the neutral venue at Colombo Sri Lanka.

CABI, the cricketing arm of Samarthanam Trust for the Disabled, is the proud organizer of this landmark World Cup, reflecting India’s leadership in creating equitable platforms for athletes with disabilities, especially women.

India’s Squad List:

B1 Category: Simu Das, P. Karuna Kumari, Anu Kumari, Jamuna Rani Tudu, Kavya V

B2 Category: Anekha Devi, Basanti Hansdah, Simranjeet Kour, Sunita Sarathe, Parbati Marndi

B3 Category: Deepika T C (Captain), Phula Soren, Ganga S Kadam (Vice –Captain) , Kavya N R, Sushma Patel, Durga Yevle

IIHL with a net worth of US$1.26 billion as of August 31, 2025, has a diversified investment portfolio across the BFSI sectors. IIHL is the promoter of IndusInd Bank Limited, India’s fifth-largest private sector bank, serving over 42 million customers through a nationwide network of over 6,100 touchpoints, with a business size exceeding US$86 billion.

Speaking on the development, Mr Ashok P. Hinduja, Chairman, IIHL, Mauritius, said, “This acquisition enables IIHL to expand globally, combining our decades of experience with global best practices. It strengthens our ability to deliver long-term value to our shareholders and customers. Together with our recent acquisitions, this positions us well to achieve our target of a US$50 billion global market capitalisation by 2030 in the BFSI sector.”

The acquisition of Sterling Bank & Trust Limited forms part of IIHL’s broader strategy to evolve into a global financial powerhouse within the BFSI sector. In line with this vision, the Sterling Bank will be renamed “IIHL Bank & Trust Limited.” IIHL Mauritius also aims to introduce advanced financial technologies and international market products to better serve its customers. 

Mr B.R.S. Satyanarayana, Managing Director & CEO of the Bank, added “This milestone will ensure long-term sustainable growth and stability for IIHL Bank & Trust Limited. We look forward to bringing greater value and enhanced services to our clients under the IIHL banner.”

In recent months, IIHL has undertaken a series of strategic, value-accretive acquisitions in India to expand and complete its para-banking suite within the BFSI space. These include the acquisitions of

• 100% of Reliance Capital Ltd., along with its key subsidiaries/associates in insurance and securities:

o   Reliance Nippon Life Insurance – a joint venture with Nippon Life, managing assets of US$4.3 billion

o   Reliance General Insurance Company – a leading non-life insurer, with an AUM of US$2.4 billion

o   Reliance Health Insurance

o   Reliance Securities

• 60% stake in Invesco Asset Management Company’s India business with an AUM of over US$14.5bn. Regulatory approvals in place & expected closure by the end of October 2025.

The MoU was signed in New Delhi, in presence of the esteemed dignitaries – Shri Jitan Ram Manjhi, Union Cabinet Minister of Micro, Small and Medium Enterprises in the Govt. of India, Shri S.C.L. Das, IAS, Secretary-Ministry of MSME, Govt. of India, Smt. Mercy Epao, Joint Secretary in the Ministry of Micro, Small & Medium Enterprises in the Govt. of India, Dr. Subhransu Sekhar Acharya, Chairman & Managing Director, The National Small Industries Corporation Ltd. (NSIC), Mr. Gaurav Gulati, Director of Finance, NSIC, and Mr V. Raghunath, EO to CMD, DGM Finance, NSIC.

IndusInd Bank will extend customized banking solutions to MSMEs associated with NSIC, including working capital, term loans, and structured credit facilities. The collaboration complements NSIC’s flagship initiatives such as the Credit Facilitation Scheme and the Single Point Registration Scheme, which enables the MSMEs to access bank finance more efficiently and benefit from preferred treatment in government procurement. These combined efforts will empower these enterprises to secure timely credit, participate more effectively in larger markets, and scale operations sustainably.

This MoU is part of IndusInd Bank’s larger mission to strengthen the MSME sector by combining NSIC’s trusted ecosystem with the Bank’s financial expertise and digital capabilities, thus bridging credit gaps, and contributing to the Government of India’s vision of fostering self-reliance and inclusive economic progress.

Bengaluru, August 11, 2025: IndusInd Bank today announced the launch of ‘Indus StartUp Banking’, a comprehensive banking programme designed to empower early-stage startups in India. Through this initiative the Bank will provide a full-stack of banking facilities, credit, and beyond-banking services to support new-age ventures from inception to scale.

With over 1.75 lakh DPIIT-recognised startups, India is home to the third-largest startup ecosystem globally. Through this programme, IndusInd Bank seeks to partner with the founders to offer flexible and customised solutions that will enable them to focus on building their core business, while the bank takes care of their operational and financial needs. Startups under 10 years of vintage (in existence) can apply via the Bank’s website page or by emailing at startup.banking@indusind.com.

Commenting on the initiative, Soumitra Sen, Head – Consumer Banking & Marketing, IndusInd Bank said, “With the Indus StartUp Banking programme, we aim to stand by the aspiring and innovative entrepreneurs of the country as not just a banking partner, but as a long-term partner in growth. Our offering is designed to simplify day-to-day operations, reduce financial friction, and provide startup founders a platform to scale confidently. As India’s startup ecosystem continues to drive innovation and economic transformation, IndusInd Bank is proud to play a key role in nurturing their journey.”

The programme has been thoughtfully curated to include a wide range of best-in-class offerings including Startup Current Accounts with a 3-year waiver on non-maintenance charges, access to 250+ APIs via a developer portal, payments and collections solutions, corporate salary accounts for employees, and beyond-banking services for tax filing and legal advisory services, HRMS and ESOP management. In addition, startups can access premium PIONEER lounges across eight cities: Delhi NCR, Mumbai, Bengaluru, Chennai, Pune, Chandigarh, Jaipur, and Kolkata, to host meetings with clients and investors. The program also offers exclusive PIONEER personal banking privileges and expert sessions for the founders.

In addition to the newly launched programme, IndusInd Bank continues to bolster India’s startups ecosystem through strategic partnerships including those with AIC STPINEXT, DPIIT – Startup India and IIM Lucknow EIC.

Bengaluru, July 01, 2025; 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.

Ms. Charu Sachdeva Mathur, Head – Digital Banking & Strategy (Existing Business), IndusInd Bank, said, “At IndusInd Bank, we believe that the MSME sector is the backbone of India’s economic growth. INDIE for Business will empower the MSMEs with a digital-first, intuitive platform that simplifies banking and gives them complete financial control. The platform is designed to address key challenges including account management, tracking loans, making tax payments, or collecting dues. As the sector evolves, we believe INDIE for Business will be instrumental in accelerating their growth and supporting India’s digital economy vision.”

INDIE for Business offers a fully paperless onboarding process, allowing MSMEs to register instantly using Aadhaar, debit card, or net banking credentials. The platform will enable businesses to accept payments via POS, QR codes, and payment links, making collections simpler and more accessible. The platform also aims to transform cross-border payments with its instant and paperless solutions. INDIE for Business was recently recognized as the Best Digital Platform for Business Banking at Finnoviti Awards 2025.

Bengaluru, June 20, 2025: IndusInd Bank announced that it has received the Digital Payments Award 2023-24 from the Department of Financial Services (DFS), Ministry of Finance – Government of India. The Bank earned this recognition by securing third position among private sector banks for delivering outstanding performance in digital payments during the financial year 2023–24. The award ceremony, which took place on June 18, 2025, at Vigyan Bhavan, New Delhi, was graced by the Union Minister of Finance Smt. Nirmala Sitharaman as the Chief Guest, and Shri Pankaj Choudhary, Minister of State for Finance as the Guest of Honour, among other dignitaries.

This award stands as a testament to IndusInd Bank’s unwavering commitment towards advancing its digital capabilities and delivering a secure, scalable and innovative digital payment solutions that empower millions across the country. As per the official scorecard released by the Department of Financial Services, the Bank achieved 120% of its digital transaction target in FY23-24 – highest among all private sector banks in India. The award was presented to IndusInd Bank – Mr. Ritesh Raj Saxena, Head of Direct Banking and Mr. Dev Ratan Suri, Head – SDG (Payments, Cards and Govt Business) by Shri M. Nagaraju, Secretary, Department of Financial Services and Dr. Abhijit Phukon, Economic Advisor, DFS, at the Digital Payments Award ceremony.

Speaking on this achievement, Mr. Soumitra Sen – Head of Consumer Banking & Marketing, IndusInd Bank, said, “We are honoured and grateful to the Department of Financial Services, Ministry of Finance, for conferring us with this award and recognizing IndusInd Bank’s efforts in driving digital adoption across the country. This recognition reinforces our resolve to continuously innovate and offer our customers intuitive, secure, and personalised banking experiences through our differentiated platforms, such as INDIE. We remain committed to supporting India’s digital journey and making banking accessible and effortless for every segment of society.”

IndusInd Bank, under its Digital 2.0 strategy, continues to deliver seamless, inclusive, and innovation-led financial experiences. Our flagship app, INDIE, highly rated financial app on the App Store is redefining retail banking with 1.6 million active users. The bank’s digital credit platform processed 1.2 million applications monthly through fully digital journeys. With an overall digital transaction mix at 93% (as of March 31, 2025), IndusInd Bank remains at the forefront of India’s digital payments space.

The MoU is a significant step towards encouraging a robust ‘banking and beyond banking’ ecosystem, promoting innovation and sustainable growth for startups across sectors and stages. It reflects IndusInd Bank’s ongoing commitment to bolster the startup ecosystem and support their growing contribution to the Indian economy.

The MoU aims to support Indian startups across various stages and sectors by providing access to customized banking solutions, including cash management services, working capital support, and credit facilities—enabling them to manage their financial operations with greater efficiency. In addition, startups will gain exclusive access to IndusInd Bank’s extensive network and strategic ecosystem partnerships, helping them enhance visibility, attract investments, and concentrate on innovation and scalable growth.

As part of the collaboration, IndusInd Bank will conduct a series of workshops and knowledge sessions to build startup capabilities across key financial areas. These sessions will cover Basics of banking, Equity infusion, ESOP implications, Segment-based funding etc. Additionally, the Bank will offer operational support such as payroll and attendance management solutions to start ups as a part of the MoU.