StanChart ties-up with Google to cater SMEs

Foreign lender Standard Chartered Bank announced its alliance with Internet major Google to empower the small and medium enterprises (SME) across the coutry. The idea is to tap in the growing needs of SME’s IT needs and serve their online requirements.

Its a win win situation for all parties involved as growth in SME sector is quite encouraging for banks like Standard Chartered to lend more at the same time comapnies like Google will have ready set of customer for its online application.