Wednesday, Feb 21, 2024 | Last Update : 02:54 PM IST

  Business   Companies  15 Oct 2018  BankBazaar appoints former RBI DG Mundra as advisor

BankBazaar appoints former RBI DG Mundra as advisor

PTI
Published : Oct 15, 2018, 2:29 pm IST
Updated : Oct 15, 2018, 2:29 pm IST

BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the company in India.

Former RBI Deputy Governor S S Mundra
 Former RBI Deputy Governor S S Mundra

New Delhi: Online financial services marketplace BankBazaar on Monday said former RBI Deputy Governor (DG) S S Mundra has been appointed as an advisor to the company.

In a statement BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the company in India.

BankBazaar Co-Founder & CEO Adhil Shetty said as digital mode is increasingly becoming the preferred way to transact, there is a greater need for collaboration between fin-tech, regulators, and financial institutions.

"This will ensure easy and frictionless access of financial products and services to all sections of the society," Shetty said.

Mundra said the road to greater financial inclusion is through technology and innovation, and BankBazaar has taken giant strides in simplifying the access to personal finance in India.

"I look forward to working with BankBazaar as an advisor in their journey to bring access to the right financial products to all Indians and will be happy to share my insights with them in this pursuit," Mundra said.

Mundra was a deputy governor at the RBI for three years till July 2017. 

Tags: bankbazaar, s s mundra, advisor, rbi
Location: India, Delhi, New Delhi