The world's most popular search engine, Google will now offer you a loan even when money is lacking. The special thing is that these loans will sit at home. In order to provide an online loan, the alphabet with four banks is going to join hands. The alphabet gives the name of the Google brand name. The eyes of this American company are on the fast-growing online loan market in the country.
These 4 banks include these names
The alphabet will join hands with four big banks. These include HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Federal Bank. Google has given this information. He has said that the customers will be given a pre-approved loan. The process will complete within a few seconds.Customers who are growing online loan
From Facebook's Whitsup to Jack Ma's Ent Financially the world does not want to miss the opportunity of business in the fastest growing economy in the world. The market for online loan issuance is increasing rapidly in the country. The reason for this is that mobile users do not want to complete much of the paperwork process to take a small amount of loan. Apart from this, credit ratings are not required for loans as well. Finitech companies seek the help of data and algorithms to know the risk.Rename Google Quick App
Google has also made changes in its 'fast' app. It will now be known by Google Pay. Google had introduced it in September last year. Now users can take a loan with the help of this app. The loan amount will be credited directly to their bank account. Company This app model can be used for other countries also.5.5 million people in 3,00,000 cities and villages of the country have downloaded Google's payment app. They use it to buy bus tickets, pay restaurant bills, and send money to friends. Google has said that its annual transaction of payments has reached $ 30 billion. According to Credit Suisse Group, the online transaction market is expected to reach $ 100 trillion by 2023. Now it is 200 billion dollars.
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