BankBazaar Bags Best Fintech In Lending Space Award

By Sanesh Mathew | March 9, 2018

Hey, we just won another award! Aren’t you excited to know all about it? Time to pull yourself together and read all about it.

BankBazaar Bags Best Fintech In Lending Space Award

Yippee! Yet another feather added to our cap. BankBazaar won the Best Fintech in Lending at Business Today’s Best Bank Awards, which was held on the 6th of March, 2018.

It was the 22nd edition of the awards function and was held at ITC Grand Central, Lower Parel, Mumbai. The award was received from S.S Mundra, the former Deputy Governor of RBI.

BankBazaar Bags Best Fintech In Lending Space Award

Additional Reading: More Splendid News: Our CEO Won The Fintech Leader Of The Year Award, 2017

This award ceremony is conducted annually by Business Today in association with the auditing firm, KPMG. Although it has been an annual event since the past two decades, this was the first time they expanded into the fintech category, starting with three awards in the category – Payments, Lending, and Value Added Services (VAS).

Talking about the growth of fintechs in India, S.S Mundra firmly stated that disruption, innovation, and competition will be key for fintechs when it comes to the banking sector. BankBazaar was indeed a clear winner in the lending space (There was no doubt about it, was there?).

Additional Reading: A Peep Into The Future Of Fintech

BankBazaar Bags Best Fintech In Lending Space Award

There were a total of 15 winners this year with HDFC Bank bagging the Best Bank Award for the fourth consecutive year. Kotak Bank, Paytm, RBL Bank, YES Bank and Perfios Software also made it to the winners’ list.

Out of the 15 awards, seven of them were decided by a jury (the Fintech awards fell in this category). The remaining eight awards, commonly referred to as Quantitative Awards, were the result of a survey.

Bonus Read: Fintech Makes Its Presence Felt At The Union Budget

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