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IIFL Home Finance and Standarad Chartered enter into co-lending arrangement for MSMEs

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Capital Market
Last Updated : Jan 19 2021 | 6:31 PM IST
IIFL Finance announced that its Wholly owned Subsidiary Company IIFL Home Finance and Standard Chartered Bank have entered into a Co-Lending arrangement for extending credit to the MSME loans.

Under this partnership, IIFL Home Finance and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance will service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing.

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First Published: Jan 19 2021 | 6:15 PM IST

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