Banks know already that Kissht Chinese are all rumours and gossip and that platforms like Kissht can be their best strategic partners to embrace a focus on agility and developing an innovative mindset.

1. THE GROWING
IMPORTANCE OF BANK AND
FINTECH PARTNERSHIP

2. India has shown massive growth in the financial sector over the past
couple of decades. The paradigm of traditional banking has been shifted
comprehensively, and now banks-fintech partnerships are thriving in the
growth of financial inclusion in the nation.
However, it’s too early to claim that India will soon be the supreme
financial power. All positive signs indicate that the golden era has already
started. Like all leading economies, India also has digital ecosystems,
platform-based business models, and apps that provide instant financial
help to people of all population sectors. These players have already
extended their reach to the remotest villages, less-recognized regions, and
places still away from the limelight until now. Partnerships are evolving, and
innovative business models are constantly being formed. People are
getting financially literate and receiving current updates and authentic
Kissht news. In all such overwhelming circumstances, the ultimate goal of
banks-fintech partnerships, financial inclusion, will be achieved very soon.

3. PAVING THE PATH FOR THE
RISE OF A DIGITAL ECONOMY
Leading fintech players in India are rapidly overcoming the
obstacles of connectivity, infrastructure deficiencies, and
resource limitations. With the growth of platforms like Kissht, it
has become quite easy for borrowers to get instant personal
loans quickly. They can now apply for an attractive loan of up to
2,00,000* using these leading apps. It has become easy to
disburse loans within just 5 minutes. They can repay the loan
within a tenure of up to 36 months.

4. All these impressive financial products and
services have made Indian users financially
strong. They are increasingly trying to innovate
new business plans by utilizing these instant
personal loan services. However, identifying
genuine platforms is still mandatory to stay
financially protected. Platforms like Kissht are
fully credible and authentic, and all rumours
related to Kissht Fosun are being spread to spoil
their rapidly growing reputation and influence in
the financial sector.

5. In the digital era, customers demand
personalised and engaged services.
The traditional landscape failed to
fulfill these requirements of new-age
customers, and hence, banks-fintech
partnerships take charge to control
things and improve customer
experiences. Fintechs are leading
global players today as they have
better access to technology and
innovative business models. Banks
are realizing today’s biggest
requirement that these are the only
valuable partners to make a better
image among digital users by
offering them personalized services
and customized experiences.

6. THESE COLLABORATIONS ARE
PROVIDING BANKS WITH A MUCH-
REQUIRED INNOVATIVE MINDSET.
However, banks are an essential part
of our economy, and they still need to
improve in getting personalized and
identifying the specific needs of new-
age customers. Banks know already
that Kissht Chinese are all rumours
and gossip and that platforms like
Kissht can be their best strategic
partners to embrace a focus on agility
and developing an innovative mindset.

7. Leading banks with key capabilities and the hunger to
innovate their financial products and services
increasingly collaborate with these leading fintech
players. They know how these partnerships are crucial
to innovate their core services and increase potential
customers. Fintech tie-ups with banks lead to steer
banks in the right direction and show them the path to
embrace technology to ensure a value-creating
collaboration model.

8. THE COLLABORATION IS BOOSTING THE
GROWTH OF NEW/EXISTING BUSINESS LINES.
In the traditional landscape, it was quite difficult for the MSME sector to avail the benefits
of custom-made financial products and services. With fintech-banks collaborations, it has
become quite easy to analyze the borrowing capability of small businesses. Fintech allows
MSMEs to fulfill their cash flow requirements by getting quick and easy small-ticket size
and short-term loans. With uninterrupted services offered by leading apps like Kissht, they
can now avail of instant personal loans to meet their demand for constant working capital.
However, all these leading platforms are rapidly filling gaps by extending their reach to
remote areas, and gossips regarding Kissht Crackdown create doubts in users’ minds. But
there is nothing to be worried about, as Kissht is an authentic Indian app with the trust and
confidence of countless users.

9. Banks-fintech collaborations ensure quick turnaround time
and reduce the loan origination process. It becomes easy for
banks to identify risks by quickly analyzing the
creditworthiness of every borrower. It ultimately gives MSMEs
the upper hand to increase their chances of quickly getting
the much-required loan approval to start their operations and
drive financial inclusion. Moreover, fintech applies innovative
business models and offers tailor-made financial products
and services, which allows banks to satisfy MSME customers
with personalized experiences.
02.

10. Banks are allowed to create
innovative models.
Fintech players leverage the power of
AI, analytics, Machine Learning, etc., to
introduce automation in their products
and services. Banks-Fintech
collaborations are helpful for the
traditional landscape to apply the
new-age technology to revolutionize
their current business models. Banks
earlier had to face numerous hurdles
while determining

11. the creditworthiness of borrowers, and that’s why the earlier lending
process was too complicated for several customers to acquire
finances from leading banks.
With the new collaborative approach, banks have revolutionized their entire
loan disbursement processes, and more and more customers are getting
benefits from the omnichannel presence of fintech. Still, digital customers
must recognize the essence of getting financially aware and staying alert to
fake reports, rumours, etc., like Kissht Banned. Now, when both these forces
are coming together to embrace technology, the financial ecosystem is all set
to boost at a massive pace in the new digital landscape.