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IDFC First Bank enters into alliance with CarTrade Tech

31 May 2022 Evaluate

IDFC First Bank has entered into an alliance with CarTrade Tech to offer easy and smart financing for used cars. Under the partnership, IDFC First Bank will become the preferred financier for customers purchasing used vehicles from CarWale abSure's dealers with customised offerings to suit their needs.

IDFC First Bank's scorecard-based loan sanctioning and end-to-end digitised and automated loan onboarding journey will empower CarTrade/CarWale abSure dealers. It will also offer a seamless loan processing experience to customers.

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

Peers
Company Name CMP
HDFC Bank 739.00
ICICI Bank 1339.50
Axis Bank 1242.50
Kotak Mahindra Bank 412.50
Indusind Bank 953.00
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