{"id":38524,"date":"2026-08-03T20:12:00","date_gmt":"2026-08-03T14:42:00","guid":{"rendered":"https:\/\/blogrevamp.cashfree.com\/?p=38524"},"modified":"2026-08-03T15:14:13","modified_gmt":"2026-08-03T09:44:13","slug":"business-banking","status":"publish","type":"post","link":"https:\/\/blogrevamp.cashfree.com\/business-banking\/","title":{"rendered":"What Is Business Banking? Meaning, Services &#038; How It Works"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a8ef6f524302\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #364250;color:#364250\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #364250;color:#364250\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a8ef6f524302\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#What_Is_Business_Banking\" >What Is Business Banking?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#Business_Banking_Services_Every_SMB_Should_Know\" >Business Banking Services Every SMB Should Know<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#How_Business_Banking_Works_in_India_Opening_an_Account_and_Beyond\" >How Business Banking Works in India: Opening an Account and Beyond<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#Why_Your_Banking_Behaviour_Now_Decides_Your_Credit_Access\" >Why Your Banking Behaviour Now Decides Your Credit Access<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#How_Cashfree_Payments_Extends_Your_Business_Banking\" >How Cashfree Payments Extends Your Business Banking<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#Build_a_Banking_Footprint_That_Works_for_You\" >Build a Banking Footprint That Works for You<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#Make_Your_Business_Banking_Work_Smarter\" >Make Your Business Banking Work Smarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/blogrevamp.cashfree.com\/business-banking\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">Only <strong>14% of India&#8217;s MSMEs<\/strong> have access to formal credit, while the credit gap stood at roughly <strong>\u20b925 lakh crore<\/strong> as of March 2025, according to Deloitte&#8217;s <em>State of Financial Services in India<\/em> <a href=\"https:\/\/www.deloitte.com\/in\/en\/Industries\/financial-services\/about\/state-of-financial-services-in-india-report.html\">report<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, your bank account is more than just a place to store money. Banks and lenders increasingly evaluate your GST filings, bank statements, and <a href=\"https:\/\/www.cashfree.com\/blog\/upi-transaction-limit\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">UPI transaction<\/mark><\/a> history to assess your business&#8217;s financial health. In many ways, your business banking relationship becomes the financial identity of your company &#8211; where revenue arrives, payments go out, and creditworthiness begins.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let&#8217;s understand what business banking is, the services it includes, and why it has become increasingly important for Indian businesses.<\/p>\n\n\n\n<div style=\"background:#F5F3FF;border:1px solid #DDD6FE;border-radius:12px;padding:24px;margin:30px 0;\">\n  <h3 style=\"margin:0 0 16px;font-size:24px;color:#4F46E5;font-weight:700;\">\n    Key Takeaways\n  <\/h3>\n\n  <ul style=\"margin:0;padding-left:22px;color:#374151;font-size:16px;line-height:1.8;\">\n    <li>Business banking provides dedicated financial services such as <strong>current accounts, payments, collections, credit, and trade finance<\/strong> for businesses.<\/li>\n    <li>A <strong>business current account<\/strong> helps separate business and personal finances, making bookkeeping, GST compliance, and financial reporting easier.<\/li>\n    <li>Many Indian banks now support <strong>online current account opening through video KYC<\/strong>, simplifying the onboarding process.<\/li>\n    <li>Increasingly, lenders assess <strong>GST filings, bank statements, and UPI transaction history<\/strong> to evaluate business creditworthiness.<\/li>\n    <li>Solutions like <strong>Cashfree Payments<\/strong> extend business banking by automating collections, payouts, reconciliation, and cash flow management.<\/li>\n  <\/ul>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_Business_Banking\"><\/span>What Is Business Banking?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking refers to the financial products and services designed specifically for businesses rather than individual consumers. It includes current accounts, business loans, collections, payments, cash management, and trade services that support the day-to-day financial operations of a company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The biggest difference between business banking and personal banking is that a business account keeps your company&#8217;s finances separate from your personal money. This simplifies <a href=\"https:\/\/www.cashfree.com\/blog\/gst-return-filing\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">GST filing<\/mark><\/a>, accounting, and tax compliance while making financial records easier to manage. It also strengthens credibility with customers, <a href=\"https:\/\/www.cashfree.com\/payouts\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">vendors<\/mark><\/a>, and lenders by allowing payments to be made to an account registered in your business&#8217;s name.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You&#8217;ll also come across terms like <strong>commercial banking and corporate banking<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In practice, business banking serves small and medium-sized businesses with standard financial products, while corporate banking caters to large enterprises requiring treasury management, trade finance, foreign exchange solutions, and dedicated relationship managers. Most businesses begin with business banking and move into corporate banking as they grow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One point often causes confusion because many online guides reference US banking terminology. In India, the equivalent of a business checking account is a <strong>current account<\/strong>. Unlike a savings account, it generally doesn&#8217;t earn interest but supports unlimited day-to-day business transactions and serves as the foundation for almost every business banking service.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Also read: <a href=\"https:\/\/www.cashfree.com\/blog\/how-to-open-business-bank-account-in-india\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">How to Open a Business Bank Account in India: Documents &amp; Requirements<\/mark><\/a><\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Banking_Services_Every_SMB_Should_Know\"><\/span>Business Banking Services Every SMB Should Know<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Banks offer a broad range of services under business banking. These are the ones that matter most for growing businesses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Current Accounts<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A current account is your primary operating account for daily business transactions. Monthly Average Balance (MAB) requirements vary significantly across banks. For example, SBI&#8217;s Regular Current Account requires an MAB of \u20b95,000, while premium variants may require \u20b950,000 or more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Credit and Financing<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Banks provide <a href=\"https:\/\/www.cashfree.com\/blog\/what-is-working-capital\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">working capital loans<\/mark><\/a>, overdraft facilities, business loans, supply chain finance, and term loans. For many SMEs, the bank maintaining their current account is often the first source of formal credit.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cash Management and Collections<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses rely on cash management services for cheque collection, receivables management, payment collections, and liquidity management to keep cash flowing efficiently.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Payments and Digital Banking<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking includes <a href=\"https:\/\/www.cashfree.com\/blog\/imps-vs-neft-vs-rtgs\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">NEFT, RTGS, IMPS<\/mark><\/a>, and UPI transfers, corporate internet banking, GST payment capabilities, and payment approvals designed for businesses with multiple users.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Payroll and Bulk Payments<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Many banks also provide salary processing and bulk payment capabilities that simplify employee salaries, vendor payouts, and recurring business payments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Trade and Forex Services<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Importers and exporters can access trade finance, letters of credit, bank guarantees, export documentation support, and preferential foreign exchange pricing for cross-border transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Match your banking services to your current stage of growth. A D2C brand may prioritise collections, <a href=\"https:\/\/www.cashfree.com\/settlement-and-reconciliation-guide\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">reconciliation, and settlement speed<\/mark><\/a>, while a wholesale trader dealing in cash and cheques may care more about branch access and deposit limits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Choose the account that fits your business today, and upgrade as your operational needs evolve.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Business_Banking_Works_in_India_Opening_an_Account_and_Beyond\"><\/span>How Business Banking Works in India: Opening an Account and Beyond<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Opening a business bank account is relatively straightforward once your documentation is ready. Banks generally offer current accounts for <a href=\"https:\/\/www.cashfree.com\/blog\/what-is-sole-proprietorship\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">sole proprietorships<\/mark><\/a>, partnership firms, LLPs, <a href=\"https:\/\/www.cashfree.com\/blog\/private-limited-company-explained\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">private limited companies<\/mark><\/a>, public limited companies, and other registered business entities, although eligibility may differ across account variants.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most banks will typically ask for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Certificate of Incorporation or business registration certificate<\/li>\n\n\n\n<li>Memorandum and <a href=\"https:\/\/www.cashfree.com\/blog\/articles-of-association-aoa\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Articles of Association<\/mark><\/a> (for companies)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.cashfree.com\/blog\/business-pan-card-how-to-apply-online-documents-required\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Business PAN<\/mark><\/a><\/li>\n\n\n\n<li>Proof of business address<\/li>\n\n\n\n<li>Board Resolution authorising account opening (where applicable)<\/li>\n\n\n\n<li>KYC documents for directors, partners, or beneficial owners<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Today, many banks allow businesses to open current accounts online through <a href=\"https:\/\/www.cashfree.com\/video-kyc-solution\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">video KYC<\/mark><\/a>, reducing the need for branch visits. Some facilities, such as business credit cards or higher-value lending products, may require additional verification depending on the bank&#8217;s internal policies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Your_Banking_Behaviour_Now_Decides_Your_Credit_Access\"><\/span>Why Your Banking Behaviour Now Decides Your Credit Access<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Indian lenders are increasingly adopting cash-flow-based lending, assessing repayment capacity using GST filings, bank statements, and UPI transaction history instead of relying solely on collateral.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In June 2026, the RBI Governor encouraged banks to use the <a href=\"https:\/\/www.business-standard.com\/finance\/news\/banks-must-leverage-dpi-stack-to-deepen-msme-credit-access-rbi-governor-126062201009_1.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Account Aggregator framework, the Unified Lending Interface (ULI), and GST data trails<\/a> to improve MSME credit access, comparing ULI&#8217;s potential for lending with what UPI achieved for digital payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every one of these systems depends on the financial trail your business creates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A business that routes all revenue through a dedicated current account builds exactly the transaction history these systems are designed to analyse.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses that continue routing transactions through a founder&#8217;s personal savings account often struggle to build the financial trail formal lenders rely on when evaluating creditworthiness. Separating personal and business finances therefore improves bookkeeping, compliance, and future access to credit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Cashfree_Payments_Extends_Your_Business_Banking\"><\/span>How Cashfree Payments Extends Your Business Banking<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A current account provides the foundation of business banking. Cashfree Payments helps automate the operational layer on top of it by simplifying collections, payouts, reconciliation, and cash flow management.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.cashfree.com\/connected-banking\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Connected Banking<\/mark><\/strong><\/a><strong>:<\/strong> With this, you can link your current accounts as fund sources in a single dashboard. It enables you to check balances, initiate payouts, track transfer status in real time, and route payouts across accounts by weightings you define.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.cashfree.com\/payment-gateway-india\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Payouts<\/mark><\/strong><\/a><strong>:<\/strong> Send money 24&#215;7 to bank accounts, UPI IDs, cards, and wallets, even on bank holidays, without manual file uploads on a bank portal.<\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"><a href=\"https:\/\/www.cashfree.com\/auto-e-collect\/\">Auto Collect<\/a><\/mark>:<\/strong> Generate a virtual account or virtual UPI ID for each payer or invoice, so incoming transfers via UPI, IMPS, NEFT, or RTGS reconcile automatically instead of you matching reference numbers by hand.<\/li>\n\n\n\n<li><strong>Instant settlements:<\/strong> Access your payment gateway collections<a href=\"https:\/\/www.cashfree.com\/\"> <\/a><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"><a href=\"https:\/\/www.cashfree.com\/instant-settlements\/\">within 15 minutes of payment capture<\/a><\/mark>, easing the working capital squeeze between a sale and the money reaching your account.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Build_a_Banking_Footprint_That_Works_for_You\"><\/span><strong>Build a Banking Footprint That Works for You<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking is much more than a current account. It forms the financial infrastructure that supports collections, payments, compliance, cash flow, and access to credit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction history you build today can directly influence your ability to secure financing tomorrow. As lenders increasingly rely on digital financial data rather than collateral alone, maintaining a dedicated business banking relationship becomes one of the simplest ways to strengthen your financial profile.<\/p>\n\n\n\n<div style=\"background:#F5F3FF;border:1px solid #DDD6FE;padding:32px;border-radius:16px;text-align:center;margin:40px 0;\">\n  <h2 style=\"margin:0 0 12px;font-size:28px;font-weight:700;color:#4F46E5;\"><span class=\"ez-toc-section\" id=\"Make_Your_Business_Banking_Work_Smarter\"><\/span>\n    Make Your Business Banking Work Smarter\n  <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p style=\"margin:0 auto 24px;font-size:17px;line-height:1.7;max-width:700px;color:#4B5563;\">\n    A current account is just the beginning. Automate collections, payouts, reconciliation, and cash flow with <strong>Cashfree Payments<\/strong> &#8211; all while enjoying <strong>0% platform fees on payment gateway sales up to \u20b920L*<\/strong>, quick onboarding, and next-day settlements.\n  <\/p>\n\n  <a href=\"https:\/\/merchant.cashfree.com\/merchants\/signup?source-action=Blog&amp;action=Sign%20Up&amp;button-id=StartNow_BlogFooterCTA\"\n     style=\"display:inline-block;background:#5B21B6;color:#ffffff;padding:14px 28px;border-radius:8px;text-decoration:none;font-weight:700;font-size:16px;\">\n    Get Started Free \u2192\n  <\/a>\n\n  <p style=\"margin-top:16px;font-size:13px;color:#6B7280;\">\n    *Festive offer valid till 31 March 2027. Terms &amp; conditions apply.\n  <\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">What is the meaning of business banking?<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking refers to banking products and financial services designed specifically for businesses. These include current accounts, business loans, payment services, collections, cash management, payroll support, and trade finance.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What is the difference between business banking and personal banking?<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking keeps business finances separate from personal funds, making accounting, GST compliance, and financial reporting easier while helping build the transaction history lenders use to evaluate business credit. Personal banking, on the other hand, is designed for individual financial needs such as savings, deposits, and personal payments.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What documents do I need to open a business bank account in India?<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Most banks require your business registration or incorporation certificate, Business PAN, proof of business address, KYC documents for authorised signatories, and, where applicable, a board resolution authorising account opening. Requirements may vary across banks and account types.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Which services are included in business banking?<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Business banking typically includes current accounts, business loans, overdrafts, working capital finance, cash management, payment collections, payroll processing, digital banking, UPI, NEFT, RTGS, IMPS, and trade and foreign exchange services for importers and exporters.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In case you missed it:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-1\"><a href=\"https:\/\/www.cashfree.com\/blog\/how-to-open-business-bank-account-in-india\/\">How to Open a Business Bank Account in India<\/a><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-2\"><a href=\"https:\/\/www.cashfree.com\/blog\/startup-india-seed-fund-scheme-sisfs-eligibility-how-to-apply\/\">Startup India Seed Fund Scheme (SISFS): Eligibility, Funding &amp; How to Apply<\/a><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-3\"><a href=\"https:\/\/www.cashfree.com\/blog\/fssai-registration-how-to-get-fssai-license-fees-process\/\">How to Get FSSAI License, Fees &amp; Process<\/a><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-4\"><a href=\"https:\/\/www.cashfree.com\/blog\/how-to-start-startup-india\/\">How to Start a Startup in India<\/a><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-5\"><a href=\"https:\/\/www.cashfree.com\/blog\/what-businesses-need-to-know-about-b2b-payments\/\">What Are B2B Payments?<\/a><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-6\"><a href=\"https:\/\/www.cashfree.com\/blog\/enet-hdfc-2\/\">Cashfree Payouts: Smarter Alternative to Corporate Banking Solutions<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only 14% of India&#8217;s MSMEs have access to formal credit, while the credit gap stood at roughly \u20b925 lakh crore as of March 2025, according to Deloitte&#8217;s State of Financial Services in India report. Today, your bank account is more than just a place to store money. Banks and lenders increasingly evaluate your GST filings,<\/p>\n","protected":false},"author":142,"featured_media":38543,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1,1525,9973],"tags":[],"class_list":["post-38524","post","type-post","status-publish","format-standard","has-post-thumbnail","category-all","category-banking","category-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Is Business Banking? 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