IIFL Finance announced that its material wholly owned subsidiary of the company IIFL Home Finance and ICICI Bank have entered into a sourcing and servicing arrangement to partner in extending credit to the affordable housing loans & MSME loans (loan against property).
Under this partnership, the Company will originate and service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing and in turn ICICI Bank will provide funding to these customers.
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