Federal Bank, a private lender in India, is planning to collaborate with fintech companies as part of its growth strategy. Shyam Srinivasan, MD&CEO of Federal Bank, stated that partnerships with fintech firms will provide the bank with broader customer reach, and the bank aims to leverage this strategy instead of competing. Fintech collaborations, particularly in client acquisition for opening digital savings accounts, have proven valuable for the bank.
from Banking/Finance-Industry-Economic Times https://ift.tt/Zq4RwYn
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