Karnataka Bank down 2% after Clix Capital tie-up
The share touched a 52-week high of Rs 282 on January 15, 2024 and a 52-week low of Rs 124.10 on March 29, 2023
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The share touched a 52-week high of Rs 282 on January 15, 2024 and a 52-week low of Rs 124.10 on March 29, 2023
Karnataka Bank and Clix Capital Form Co-Lending Partnership - Karnataka Bank (KBL), a prominent private sector bank, and Clix Capital, a rapidly expanding new-age Non-Banking Financial Company (NBFC), have...
The partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employment growth. The agreement is in line with the Reserve Bank of India's guidelines on co-lending by banks and NBFCs to priority sectors.
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, April 11, 2023.
Axis Bank, India’s third largest private sector bank, and Shriram Housing Finance Ltd (SHFL), a leading affordable housing finance company, on Tuesday announced a strategic partnership under the co-lending model through the Yubi Co lend platform. Through this partnership, both the lenders will