Paisabazaar.com to Bring Cooperative Banks to its Platform
Paizabazaar.com which is an online loan marketplace is planning to bring in cooperative banks to its platform. It has been reported that cooperative banks in Ahmedabad have been approached by the portal.
Various bankers stated that it’s probably the first time an online aggregator is looking to offer as many options as possible to the consumers who are applying for loans through its platform as this pushes up the chances of approval.
“They are a great local bank to a segment which will help increase inclusion. These customers are the ones who now using internet via mobile phones and we expect to cater to these new set of customers by partnering with cooperative banks,” Naveen Kukreja, CEO,Paisabazaar.com said.
But, the latter did not disclose the details of its...