The co-lending partnership will help both Indel Money and IndusInd Bank to enhance its gold loan portfolio across the country by penetrating various market segments.
Read MoreIndel Money, a non-banking finance company (NBFC) pioneering in gold loans, has entered into a first-of-its-kind conventional gold loan co-lending partnership with IndusInd Bank to offer gold loans at competitive rates to a bigger and diverse segment of borrowers.
Read Moreकंपनी ने बुधवार को एक बयान में बताया कि गोल्ड लोन पर केंद्रित गैर-बैंकिंग वित्तीय कंपनी (एनबीएफसी) और एक वाणिज्यिक बैंक के बीच यह इस तरह का पहला सह-ऋण करार है।
Read Moreनिजी क्षेत्र के बैंक इंडसइंड बैंक ने कोच्चि स्थित कंपनी इंडेल मनी के साथ स्वर्ण ऋण क्षेत्र के लिए सह-ऋण समझौता किया है।
Read MoreThis is the first-of-its-kind conventional gold loan co-lending partnership between a gold-loan focused NBFC and a commercial bank.
Read MoreUnder the co-lending partnership agreement, Indel Money will originate and process gold loans based on mutually formulated credit parameters and eligibility criteria.
Read MoreThe co-lending partnership will help both Indel Money and IndusInd Bank to enhance its gold loan portfolio across the country by penetrating various market segments.
Read MoreIndusInd Bank will take into its book 80% of the gold loan generated by the co-lending arrangement while the remaining 20% will be funded by Indel Money.
Read MoreThe co-lending partnership will help both Indel Money and IndusInd Bank to enhance its gold loan portfolio across the country by penetrating various market segments.
Read MoreIndusInd Bank will take into its book 80 per cent of the gold loans generated, while the remaining 20 per cent will be funded by Indel Money.
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