RatanIndia Enterprises has planned tie-ups with all banks by the end of the next financial year i.e. March 2023. The company has recently forayed into the financial technology (fintech) business.
At present, the company’s fintech platform ‘Bankse’ has tie-ups with 21 banks and financial institutions to offer loan products.
What did the company say?
Rajeev Ratan, chairperson, RatanIndia Enterprises, told PTI, “We intend to sign agreements with all banks by the end of the next financial year. All banks will offer their products on our platform.
He claimed that two wheeler and personal loans are sanctioned in just two minutes. Ratan said that in the future, we will add more products to our platform. Our vision is to become a complete ‘Marketplace’ for all financial products.
better convenience to customers
Apart from this, our platform also allows customers to compare the best offers, he added. “It is one that does not involve capital exposure. Credit score checks and lending are done by financial institutions. Banks or financial institutions lend as per RBI guidelines.” Bankse is a complete digital financial aggregator platform that can be accessed through an Android mobile web portal.