IndusInd Bank Introduces Dedicated GCC Banking Vertical Combining Five Core Banking Capabilities

Exam-focused facts from the 1 October 2026 current affairs briefing.

Key facts

IndusInd Bank announced the launch of a dedicated Global Capability Centre (GCC) Banking vertical on September 28, 2026, integrating corporate and employee banking under a single GCC relationship model.
The vertical brings together five core capabilities: 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.
India's GCC ecosystem has grown 32% since FY2021 and now comprises 2,117 GCCs.