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fee and revenue by lending other's money

With P2P lending hitting high in industry, banks should jump faster to tae advantage this- innovative ideas flexi loans and flexi deposits -  letting lender-customers and borrower-customers decide the interest rates and terms -

banks can make more money thorugh documents, fees, faciliating mobie and card payments and enable lending as an aggregator.

banks get increased revenues, fees, additional lines of services, with increased bonding between their customers! follow the virgin's way and make it more innovative

 

 

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Ramani Balakrishnan

Ramani Balakrishnan

Transformation Solutions

TCS

Member since

21 Jan 2015

Location

Chennai

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5

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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