Mumbai, September 10, 2026: Navi UPI today announced a partnership with IndusInd Bank to strengthen the technology infrastructure supporting its UPI operations. The collaboration combines IndusInd Bank’s banking expertise with Navi’s technology capabilities to bolster and scale the foundation for Navi UPI as digital payments continue to grow.
From paying for a morning cup of tea to splitting a dinner bill or settling monthly expenses, UPI has become integral to everyday life for millions of Indians. As adoption scales, the technology powering these transactions must evolve to ensure reliability, resilience, and seamless user experiences.
Partnership Highlights
- At the heart of the partnership is a new UPI payment switch, designed to process and route transactions between participants in the UPI ecosystem.
- The switch will diversify Navi UPI’s technology stack, enhancing resilience and scalability as its payments business expands.
- Rollout will be introduced in phases across Android and iOS devices, becoming available to all Navi UPI users in the coming days.
Rajiv Naresh, MD & CEO, Navi Limited: “We have always believed that a great digital financial experience is built on a combination of strong technology, thoughtful product design and a deep understanding of the customer. Our partnership with IndusInd Bank adds another important layer to our UPI capabilities that we hope strengthens the foundation for a more reliable and seamless UPI experience for our customers. We value the trust and collaborative approach that the team at IndusInd Bank has brought to this partnership and look forward to building on our shared strengths as we continue to scale.”
Ganesh Sankaran, Executive Director, IndusInd Bank: “Our partnership with Navi UPI marks an important milestone, reflecting our shared focus on building resilient digital payment ecosystems. Behind every successful digital payment experience is robust and scalable infrastructure that customers can rely on every day. We look forward to supporting Navi UPI as it continues to scale and deliver secure, reliable and frictionless payment experiences to its customers.”
Announcement at GFF 2026
The partnership was formally announced at the Global Fintech Fest 2026 in Mumbai, marking a significant milestone in strengthening India’s digital payments infrastructure.
About Navi
Navi Limited (formerly Navi Technologies Limited) is a digital-first financial services company on a mission to make finance simple for every Indian. Navi offers a suite of financial services including loans, insurance, mutual funds, and UPI payments.
With users across the country, Navi combines in-house technology with deep consumer insight to create financial solutions that are intuitive, accessible, and reliable. Navi serves customers across their financial journeys with a single, integrated experience.
🌐 Learn more: www.navi.com
About IndusInd Bank
IndusInd Bank Limited has been redefining banking for over 32 years, offering innovative financial solutions to government entities, PSUs, retail customers, and large corporations.
- Product offerings include microfinance, personal loans, debit/credit cards, SME loans, digital banking, vehicle financing, and ESG-linked products.
- Serves 42 million customers through 3,137 branches/outlets and 2,853 ATMs, reaching 1.60 lakh villages across India.
- Operates representative offices in Dubai and Abu Dhabi.
- Holds clearing bank status for BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.
Ratings:
- Domestic: CARE A1+, CRISIL A1+, CRISIL AA+, IND AA+
- International: Moody’s Ba1 for Senior Unsecured MTN programme
🌐 Learn more: www.indusind.bank.in 📩 Media queries: mediarelations@indusind.com
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