Yes Bank, Indiabulls Housing enter co-lending pact to offer home loans

29 Jul 2021 CW Team

The company told the media that Indiabulls Housing Finance and Yes Bank have entered into a strategic co-lending partnership to provide home loans to homebuyers.

On Wednesday, Yes Bank and Indiabulls Housing Finance, in a joint release, told the media that under this strategic co-lending agreement, they would give home loans to homebuyers at competing interest rates.

The partnership intends to synergise capacities to produce an efficient and seamless experience for retail home loan customers.

Rajan Pental, the global head (Retail Banking) of Yes Bank, informed the media that it is in line with the bank's strategy of increasing its retail franchise through a mix of organic and partnership-led origination model.

Gagan Banga, vice chairman & CEO, Indiabulls Housing Finance told the media that they can now leverage Yes Bank's deposit-led franchise and complement that with their technology-led distribution to render effective solutions around home Loans to a wide gamut of customers over geographies, ticket size and yield spectrum, to provide them profitability and balance-sheet light growth.

The co-lending framework laid down by the Reserve Bank of India gives a collaboration device to serve from the low-cost funding model of a bank and the cost-efficient sourcing and maintaining abilities of a non-bank.

Recently, Yes Bank partnered with PayNearby, an Indian branchless banking and digital payments network, for onboarding 10,000 Women BC Sakhis from Self Help Groups to give banking services to several Gram Panchayats in Uttar Pradesh.

Image Source

Also read: Indiabulls Housing Finance gets board approval to raise Rs 7,000 cr

Also read: Indiabulls, HDFC join hands to offer home loans at competitive rates

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..