Current Affairs - Banking - Discussion

YES Bank, India's fourth largest private sector bank announced its partnership with RupeeBoss.com, an online financial services company. This partnership would enable integration of YES mPower BOT, the Bank's chat bot based platform. It can be accessed across platforms like the online portal RupeeBoss.com for the customers, Magic Finmart , RupeeBoss Business Associate app etc. It would be used to support instant loan eligibilities for its several loan products. YES BANK would be able to leverage RupeeBoss.com's wide network of agents and employees to offer the Bank's asset products to a larger customer base. Hence, it will be able to provide its loan applicants with instant information without needing to know all the details about the customers.