Google ties up with Indian lenders in bid to woo new users

Caesar Sengupta, Google's General Manager of Payments and Vice President leading the Next Billion Users (NBU) initiative, poses for a picture after an interview with Reuters in New Delhi, India, August 28, 2018. REUTERS/Adnan Abidi

NEW DELHI: Alphabet Inc's Google said on Aug 28 it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital payments services.

At an annual Google event in New Delhi, Caesar Sengupta, the vice-president of Google's Next Billion Users initiative and its Payments said the move would make banking services accessible to tens of millions of Indians.