TRY FOR FREE

Bank of Baroda Partners With 7 FinTech Companies

Mumbai, 18 July 2016: Bank of Baroda, India’s leading public sector bank, has announced tie-ups with 7 FinTech companies. Running up to its 109th Foundation Day, this a first of its kind initiative for a public sector bank to partner with companies operating across diverse areas of SME financing, algorithmic lending, bill discounting, retail lending and wealth management, on a single day. The partnerships would enable the bank to launch new products, acquire new customers, and serve the existing customers better.

Speaking on this occasion, Shri P S Jayakumar (MD & CEO), Bank of Baroda, said, Our industry is going through a transformational phase, driven by progressive regulation, enhanced competition, advancements in technology and increasing smartphone penetration. As a leading Indian bank, we are committed to driving industry change by investing in internal resources, but also by partnering with determined, young ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.

RECOMMENDED