Current Affairs Agreements

Home Credit India join hand with Karur Vysya Bank for joint lending

Category : Agreements

  Home Credit India (HCIN), a local arm of the international consumer finance provider, has tied-up with Karur Vysya Bank (KVB) for joint lending using end-to-end automated processing which will help the customer get real-time approval and disbursement. Under the agreement, HCIN and KVB will disburse loans in a single amount to customers. With this partnership and by leveraging the lower cost of funds of KVB, Home Credit India will be able to reach out to a new segment of customer. Home Credit India has operations spread over 179 cities across 20 States in India.
Source: The Business Standard


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