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Press ReleaseYearly Archives: 2024
You must be familiar with the Aadhaar number issued by the Unique Identification Authority of India (UIDAI), which serves as an identity and address proof for all citizens. But did you know there is a similar identification document for businesses called Udyog Aadhaar? Udyog Aadhaar is particularly tailored for businesses to access funding and government…
Curious about the difference between an individual current account and a non-individual current account? An individual current account is opened in the name of business owners to meet basic corporate needs. In contrast, a non-individual current account is specifically opened in the name of a business and is designed to meet the needs of enterprises….
Micro, Small and Medium-Sized Enterprises (MSMEs) drive the economy by generating employment, fostering innovation, and contributing to the nation’s GDP. They have the potential to grow through digital transformation, access to quick funds, and supportive regulatory frameworks offered by the government. However, to avail these benefits, an MSME certificate registration is necessary. You may wonder…
Unified Payments Interface (UPI), since its launch in 2016, has revolutionised the way Indians conduct financial transactions. In FY’24 alone, India recorded about 131 billion UPI transactions, with a total value of ₹200 trillion. This impressive figure highlights the widespread adoption of UPI and the efficiency of this Indian payment system. It is commonly known…
Small and Medium Enterprises (SMEs) are the backbone of the economy, as they help in driving innovation, employment, and growth. These businesses need the right tools to manage their finances and support their growth efficiently. Indus Select Current Account by IndusInd Bank is one such useful tool that helps businesses simplify their financial operations, manage…
