Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 4)
4.
Which bank launched a dedicated Global Capability Centre (GCC) Banking vertical in September 2026?
HDFC Bank
ICICI Bank
Axis Bank
IndusInd Bank
Answer: Option
Explanation:
IndusInd Bank launched a dedicated Global Capability Centre (GCC) Banking vertical on September 30, 2026, to provide integrated financial services to international organisations operating in India. The vertical offers digital banking, employee banking, commercial card solutions, capital account services, and FEMA-related solutions. It also provides foreign-currency accounts managed through the bank’s International Banking Unit. The specialised services are facilitated through GIFT City in Gujarat. Established in 1994, IndusInd Bank is headquartered in Mumbai, Maharashtra, and is one of India’s leading private sector banks. The initiative strengthens its ability to serve global organisations with specialised banking and financial solutions.
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