BusinessToday.inOct 26, 2021Nearly 50% of retail, MSME loans to shift to digital lending in 2-3 years: Union bank MDUnion Bank of India's MD and CEO Rajkiran Rai G said digital lending is changing the banking landscape in a big way because of the availability of data and many ecosystem partners collaborating with banks.With digitization gaining pace, close to 50 per cent of retail and MSME loans offered by banks will shift to digital lending platforms over the next two to three years, Union Bank of India's Managing Director and CEO Rajkiran Rai G said on Thursday.Rai said digital lending is changing the banking landscape in a big way because of the availability of data and many ecosystem partners collaborating with banks.Read more at BusinessToday.in
Union Bank of India's MD and CEO Rajkiran Rai G said digital lending is changing the banking landscape in a big way because of the availability of data and many ecosystem partners collaborating with banks.With digitization gaining pace, close to 50 per cent of retail and MSME loans offered by banks will shift to digital lending platforms over the next two to three years, Union Bank of India's Managing Director and CEO Rajkiran Rai G said on Thursday.Rai said digital lending is changing the banking landscape in a big way because of the availability of data and many ecosystem partners collaborating with banks.Read more at BusinessToday.in
