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IDFC First Bank, Bajaj Finance enter into partnership with Vivo

14 Oct 2020 Evaluate

IDFC First Bank, Bajaj Finance and Vivo have entered into partnership to waive dealer charges paid by retailers for selling devices under installment schemes. Vivo has completed six years in India and acquired around 7 crore customers in the country. By partnering with IDFC first and Bajaj Finance, waving off the dealer charges which are payable by dealers to banks and NBFCs for EMI schemes.

IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.

Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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