Hyderabad, June 24 -- : BHIM Payments App, developed by NPCI BHIM Services Limited (NBSL), on Wednesday announced plans to expand beyond digital payments by introducing a range of financial services, including loans, pension products, insurance and investment offerings.
The platform is already in advanced discussions with one public sector bank and one private sector bank for credit card partnerships, while talks are underway with non-banking financial companies (NBFCs) for loan products, NBSL Managing Director and CEO Ms Lalitha Nataraj told the media here.
She said loan offerings are expected to be launched within the next two to three months, while pension products will follow through partnerships with banks.
Insurance and investment ...