Co Lending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Satin Creditcare chairman HP Singh said: "This strategic alliance with Karnataka Bank is a significant milestone for SCNL. By combining our strengths, we aim to uplift women entrepreneurs in rural and semi-urban India, thereby enhancing sustainable economic growth. Co-lending opens the door to more opportunities of broadening our presence. We look forward to the positive outcomes this collaboration will bring for the communities we serve."

Neeraj Deshpande - Many MSMEs, particularly those in underserved sectors or regions, struggle to meet the stringent requirements of traditional lenders, writes Neeraj Deshpande, , Indian MSMEs, Co-lending, financial inclusion, msme sector, india, MSME Day 2023

RBI’s lending norms have dealt a blow to many fintechs. An NBFC licence, now, is key to their business.In Sept, the RBI issued guidelines to regulate digital lending operations. The first loss default guarantee model—the lifeline of fintech lending—was disallowed for unregulated entities

Fintech startup Finezza is in discussions with NBFCs, especially in the domains of education loan and SME lending, for its soon-to-be-launched co-lending management solution platform, its CEO Krishnan Iyer said

The pact is to finance home loans for the unserved and underserved sectors under the co-lending model.