Veefin Solutions: PSB Xchange partners with Bank of India

Veefin Solutions' PSB Xchange platform has onboarded Bank of India as a lending partner to expand digital supply chain financing. This collaboration aims to enhance digital access to working capital for dealers and MSMEs by leveraging Bank of India's lending capabilities on the unified platform. The partnership facilitates digital onboarding, credit assessment, and financing through a standardized process, strengthening the PSB Xchange ecosystem and broadening institutional finance availability for corporate dealer networks. This move aligns with the focus on strengthening MSME financing and expanding access to formal institutional credit.