ICICI Bank launches India's 'open-for-all' digital ecosystem for MSMEs

Anyone can avail of the benefits of digital solutions by downloading the new version of the InstaBIZ app.

ICICI Bank said on Thursday it has launched a digital service for Micro, Small and Medium Enterprises (MSMEs) that customers of other banks can use as well.

The "digital ecosystem" offers enhanced banking services, banking services to MSMEs who are customers of other banks, and a range of value-added services for all.

“We at ICICI Bank always believe that the MSME segment forms the backbone of the Indian economy. It has been our philosophy to enhance ‘ease of doing business’ for MSMEs and become partners in their growth," said Anup Bagchi, Executive Director, ICICI Bank. 

"We believe that the benefits of our products