ICICI Bank Ltd.

ICICI Bank has on-boarded 70 leading companies on ‘CorpConnect’, the digital platform that it launched last year to enable corporates to undertake instant payments and collections to/from their channel partners. ‘CorpConnect’, a first-of-its kind initiative, also offers instant and collateral free digital channel financing solutions such as dealer finance for distributors and vendor finance/ reverse factoring for suppliers.

Through ‘CorpConnet’, companies can directly integrate with the Bank’s systems and embed the banking solutions such as channel financing, vendor bill/ invoice discounting, payable finance and factoring within their ERP systems.

ICICI Bank is a leading private sector bank in India.