Hindustan Unilever partners with SBI on digital financing for retailers

Hindustan Unilever partners with SBI on digital financing for retailers

GlobalCosmeticsNews·2020-10-09 13:00

THE WHAT? Hindustan Unilever (HUL) has teamed up with the State Bank of India (SBI) to provide digital payment solutions for small retailers. 

THE DETAILS As part of the collaboration, the bank will offer an instant paperless overdraft facility of up to Rs. 50,000 to retailers for their billings with distributors. It will also offer financing options to HUL’s distributors.

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