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Dena Bank, policybazaar in tie-up

Dena Bank has entered into a tie-up bankbazaar.com to help it get retail loan business through the firm’s online platform. The bank said in a statement that the tie up with bankbazaar.com for retail loans such as housing, car, and used cars, and savings account will further strengthen the bank’s online presence and significantly support its growing retail portfolio in line with the Digital India initiative. The documents for the tie-up were signed by K.C. Chippa, GM, Dena Bank, and Adhil Shetty, CEO, bankbazaar.com. Trishna Guha and R.K. Takkar, EDs of the bank, were present on the occasion. The bank wants to augment its retail loan portfolio by leveraging digital channels and increasing its presence in the digital/online space.

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