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HDFC Bank will start on-boarding agents of its corporate business correspondents digitally who can extend services to semi-urban and rural areas, a move that will help the lender achieve its priority sector (PSL) lending targets. Christened Smart Saathi, it is a digital distribution platform that leverages technology and brings in ease for business correspondents and agents. With this, they can deliver a host of banking products and services to customers, especially in semi urban and rural areas. Smart Saathi will enrol agents of business correspondents like Common Services Centers. India Post Payments Bank has also partnered with HDFC Bank for distribution of banking products and services in semi-urban and rural areas.
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