IndusInd Bank Goes Live With Next?Gen UPI Processing Platform

04 Mar 2026 CW Team

IndusInd Bank has gone live on a next?generation UPI processing platform, marking a significant upgrade in India’s real?time payments infrastructure. The platform, christened UPI 6.0, was built by Mindgate Solutions on a hyper?scalable, cloud?ready and resilient architecture and represents a sixth generation upgrade to the real?time payments stack. IndusInd Bank is the first private bank to operate both issuer and acquirer services on this cloud?native processing platform.

The rollout delivers 30 per cent faster recovery time (RTO) and up to 75 per cent higher scalability headroom compared with the prior infrastructure. The platform is designed to provide sub?second response times, near?zero technical declines and seamless disaster recovery within minutes. Together these capabilities are intended to ensure superior transaction reliability and operational continuity even during peak volumes.

The initiative forms part of the bank’s Digital 2.0 strategy to create a seamless, secure and intuitive banking ecosystem for individuals, merchants and enterprises. As of 31 December 2025 the bank serves around 42 million (mn) customers through 3,120 branches and banking outlets and 3,063 ATMs, reaching 0.162 million (mn) villages across India. The upgrade is expected to enhance payment experiences for millions of customers and merchants nationwide.

IndusInd Bank has been redefining banking for 31 years and offers products that include microfinance, personal loans, debit and credit cards, SME lending, advanced digital banking, affluent and NRI services, vehicle financing and ESG?linked financial products. The bank holds clearing bank status for the major stock exchanges BSE and NSE and settlement bank status for NCDEX, and is empanelled for MCX. The new processing platform therefore reinforces the bank’s focus on technology driven resilience and customer centricity.

Infrastructure Urban

24 Mar 2026

Häfele Unveils MatrixBox Premium+ Drawer System

Häfele has introduced the MatrixBox Premium+ Drawer System, a new solution designed to deliver hassle-free installation alongside reliable long-term performance. Developed with a focus on installer convenience and functionality, the system aims to streamline assembly while maintaining high standards of design and durability.A key feature of the MatrixBox Premium+ is the use of counter-sunk head screws for mounting runners, eliminating the need for pre-drilled cabinets. This enables a faster and cleaner installation process, with screws sitting flush against the runners to ensure a neat finish..

BASF Expands Ultrason® P for EU food-contact Compliance

BASF has expanded its Ultrason® P portfolio to help manufacturers comply with the European Union’s Regulation 2024/3190, which restricts bisphenols in food-contact materials. The updated range of polyphenylsulfone (PPSU) grades is free from Bisphenol A (BPA) and Bisphenol S (BPS), enabling producers to re-qualify applications affected by the regulation within the defined transition timelines.The regulation, which came into force in January 2025, prohibits hazardous bisphenols and their derivatives in food-contact articles, with transition periods extending up to January 2028 depending on th..

IIT (ISM)–OMC Partner for Sustainable Mining

IIT (ISM) Dhanbad, through the TEXMiN Foundation, has signed an MoU with Odisha Mining Corporation (OMC) to advance capacity building, research, and innovation in the mining sector. The collaboration aims to promote safe, sustainable, and digitally enabled mining practices while strengthening institutional capabilities.The partnership will focus on developing a continuous learning ecosystem, enhancing managerial capabilities, and driving research-led innovation. It also includes policy and compliance training, along with collaborative projects and case studies.As part of the initiative, Manage..