News > Edelweiss partners with Indian Bank for co-lending to priority sector

Edelweiss partners with Indian Bank for co-lending to priority sector

Business Standard | 10/01/2022 02:59 PM | Click to read full article

Edelweiss Financial Services and ECL Finance on Monday announced a strategic co-lending agreement for priority sector lending with Indian Bank. The lenders recently signed an MoU to significantly expand portfolio of lending products available to the target customers, thereby increasing access to credit.

Indian Bank brings capital flows at low costs, which when combined with Edelweiss' expertise on customer acquisition, credit assessment, servicing and robust technology, will help meet the expanding credit needs of customers.