Centrum-BharatPe combine to launch digital bank in India

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Centrum-BharatPe combine to launch digital bank in India

Unity Small Finance Bank SFB, acquired by Centrum-BharatPe combine, is looking to target over 100 million members of Payback - a loyalty programme company BharatPe to become a digital bank. Jaspal Bindra, chairman of Centrum Capital, had said that the proposed business model is one of collaboration and open architecture, to deliver a seamless digital experience and aspire to be India’s first digital bank. Elaborating on the bank's approach on a digital platform, BharatPe, co-founder and managing director, Ashneer Grover, said it would need all Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have larger implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even through these difficult times arising out of Covid - 19, we continue to stay committed to keeping you informed and updated with relevant news, authoritative views and incisive commentary on topical matters of relevance.

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