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

25 Oct 2025

Tata Communications Revives Nagan Thangal Lake in Tamil Nadu

Tata Communications, in partnership with Pitchandikulam Forest, has rejuvenated Nagan Thangal Lake in Upparapalayam village, Tamil Nadu, transforming the 15.01-acre site into a thriving ecological and community hub. Launched in 2022 under *Project Nanneer* (“good water” in Tamil), the initiative has improved water security, biodiversity, and community engagement, as per a recent study by the Watershed Organisation Trust Centre for Resilience Studies (W-CReS). Once a vital but neglected water source for 2,800 residents, the lake’s capacity had dropped by 75 per cent. Through land shaping..

PTC Industries Wins GTRE Order for Single Crystal Turbine Blades

PTC Industries Limited, a leading manufacturer of high-performance materials and precision-engineered components for aerospace and defence, has received a Purchase Order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), for Post-Cast Operations to produce Single Crystal ‘Ready-to-Fit’ Turbine Blades. The announcement was made in the presence of Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath at the inauguration of PTC’s Titanium & Superalloys Materials Plant in Lucknow. This marks the first time an Indi..

NCBA unveils East Africa’s first cloud-based corporate platform

Nairobi, 23 October 2025: NCBA Bank has launched Connect Plus, an advanced transaction banking platform powered by Intellect’s eMACH.ai Digital Transaction Banking solution, becoming the first bank in East Africa to adopt a cloud-based corporate banking system. The upgraded platform enhances transaction speed, payment flexibility, cash liquidity management, and integration with other financial platforms, offering a secure and intuitive experience for corporate clients. James Gossip, Managing Director, NCBA Kenya, said the launch aligns with Kenya’s Vision 2030 Digital Economy initiative,..