Zero Mass Empanelled to Boost Financial Inclusion with Bank of Maharashtra

Zero Mass, a subsidiary of BLS E-Services, has been appointed as a corporate business correspondent by the Bank of Maharashtra to enhance financial inclusion. This collaboration aims to provide financial services to underserved communities and expand the bank’s reach to 20,000 outlets across India.

  • Country:
  • India

Zero Mass, a subsidiary of BLS E-Services, has been empanelled as a corporate business correspondent by the Bank of Maharashtra to further expand financial inclusion across India.

Acquired by BLS E-Services in 2022, Zero Mass Private Limited specializes in banking correspondent operations. The firm operates an extensive network of service points for various banks, furthering essential customer services.

The collaboration targets underserved populations, aiming to significantly enhance the company's mission of inclusive financial security. The Bank of Maharashtra plans to extend its reach to 20,000 Business Correspondent outlets nationwide, delivering services such as account opening and cash transactions.

TRENDING

OPINION / BLOG / INTERVIEW

AI can support rural income growth, but only with infrastructure and policy backing

Digital transformation of humanitarian supply chains could improve trust and sustainability

Quantum machine learning shows promise for adaptive learning, but classrooms are not ready

Developing APEC economies show stronger real capital mobility than advanced peers

DevShots

Latest News

Connect us on

LinkedIn Quora Youtube RSS
Give Feedback