MoneyWorks4Me

Yes Bank, PaisaBazaar collaborate to digitize lending through API integration

25 Apr 2018 Evaluate

Yes Bank has collaborated with PaisaBazaar to digitize lending through API integration. This API based lending model is a first of its kind model wherein Paisabazaar.com platform is integrated directly into the Bank’s core processing systems to deliver a superior customer experience. Till date this API based platform has led to 3,687 logins for Rs 155 crore.

With this API based model, any customer applying from Paisabazaar.com with Yes Bank as their preferred bank will get a seamless loan processing experience.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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