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

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..