IndusInd Bank inks gold loan co-lending pact with Indel Money


IndusInd Bank inks gold loan co-lending pact with Indel Money

While IndusInd Bank will take into its book 80 per cent of the gold loan generated by the co-lending arrangement, the remaining 20 per cent will be funded by Indel Money, Mohanan said without disclosing how much incremental growth he expects in the AUM under this agreement.

Star Housing Finance Ltd, a non-banking financial company, is active in rural areas of Rajasthan. It provides low-ticket housing finance to first-time homebuyers.


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