KVB, Chola jointly launch co-lending biz

Co-lending business will significantly help Chola and KVB expand their reach to new customer segments across the country.

Written by FE Bureau

March 11, 2021 08:20 IST

Chola has stronger presence to target high-value loan segments such as construction equipment and commercial vehicles.

Karur Vysya Bank (KVB) and Cholamandalam Investment and Finance Company (Chola) jointly announced launching of the co-lending business in a partnership. The co-lending model is a great opportunity for banks and NBFCs to draw upon each other’s strengths.

Co-lending business will significantly help Chola and KVB expand their reach to new customer segments across the country where Chola has stronger presence to target high-value loan segments such as construction equipment and commercial vehicles.

This article was first uploaded on March eleven, twenty twenty-one, at twenty minutes past eight in the morning.