Karur Vysya Bank (KVB) and Cholamandalam Investment and Finance Company (Chola) jointly announced launching of the co-lending organization in a partnership. The co-lending model is a good chance for banks and NBFCs to draw upon every single other’s strengths.
Co-lending organization will drastically assist Chola and KVB expand their attain to new consumer segments across the nation exactly where Chola has stronger presence to target higher-worth loan segments such as building gear and industrial cars.