Corporate News     18-Oct-23
BLS E-Services partners with Kotak Mahindra Bank
To provide affordable banking services to underserved segments of the population

BLS E-Services (BLS E-Services), a subsidiary of BLS International Services (BLS International), announced a significant milestone in its mission to expand financial access across India. The company has entered into a Master Business Correspondent Agreement with Kotak Mahindra Bank, one of India's premier banking institutions. This transformative partnership is set to redefine the financial landscape and foster inclusive growth.

The Master Business Correspondent Agreement, signed for an initial period of 3 years, with the possibility of extension for an additional year, solidifies the commitment of both BLS E-Services and Kotak Mahindra Bank to bring accessible and affordable banking services to the underserved and unbanked segments of the population.

This holistic approach to financial inclusion will be initially launched at 1000 strategically selected locations across Punjab, Haryana, Gujarat, Maharashtra, and Karnataka, fostering economic empowerment and growth in these regions.

The Master Business Correspondent Agreement between BLS E-Services and Kotak Mahindra Bank encompasses a comprehensive scope of financial services designed to meet the diverse needs of individuals, businesses, government entities, and institutions. Under this strategic partnership, BLS E-Services will offer a wide array of banking solutions, including Savings Accounts and Current Accounts for individuals, as well as specialized Government and Institutional Accounts.

Previous News
  Kotak Mahindra Bank
 ( Analyst Meet / AGM - Conference Call 21-Jul-24   20:35 )
  Kotak Mahindra Bank
 ( Results - Analysis 21-Jul-24   08:03 )
  Kotak Mahindra Bank Q1 PAT zooms 81% YoY to Rs 6,250 cr
 ( Hot Pursuit - 20-Jul-24   15:13 )
  Kotak Mahindra Bank consolidated net profit rises 79.47% in the June 2024 quarter
 ( Results - Announcements 20-Jul-24   14:48 )
  Kotak Mahindra Bank standalone net profit rises 81.03% in the June 2024 quarter
 ( Results - Announcements 20-Jul-24   14:06 )
  Kotak Mahindra Bank to table results
 ( Corporate News - 11-Jul-24   10:44 )
  Kotak Mahindra Bank AGM scheduled
 ( Corporate News - 10-Jul-24   09:17 )
  Nifty July futures trade at premium
 ( Market Commentary - Futures Market 02-Jul-24   16:17 )
  Kotak Mahindra Bank Ltd spurts 1.18%, up for third straight session
 ( Hot Pursuit - 20-Jun-24   13:05 )
  Market hits new life high; Nifty settles above 23,550
 ( Market Commentary - Quick Review 18-Jun-24   15:54 )
  Market trade in positive terrain; realty shares rally for 3rd day
 ( Market Commentary - Mid-Session 18-Jun-24   12:33 )
Other Stories
  Paytm partners with Axis Bank
  23-Jul-24   08:58
  NIIT Learning Systems allots 23,332 equity shares under ESOP
  23-Jul-24   08:53
  Summit Securities (New) to convene AGM
  22-Jul-24   20:27
  Jai Corp to conduct AGM
  22-Jul-24   20:27
  Rane Brake Lining announces cessation of director
  22-Jul-24   18:34
  Newtime Infrastructure director resigns
  22-Jul-24   18:28
  Synergia Energy receives nod for transfer of 51% PI in Cambay Field PSC to Selan
  22-Jul-24   18:23
  India Pesticides appoints director
  22-Jul-24   17:55
  Board of Rudra Ecovation appoints two senior management personnel
  22-Jul-24   17:52
  Nexus Surgical & Medicare to declare Quarterly Result
  22-Jul-24   17:44
Back Top