Central Bank of India forms co-lending partnership with Home First Finance Company India

10 Sep 2022 , 01:34 AM

Central Bank of India has entered into a strategic co-lending partnership with Home First Finance Company India HFFC to offer home loans to borrowers at competitive rates Under this arrangement Home First Finance Company India will originate and process home loan proposals under Priority Sector as perjointly formulated credit parameters and eligibility criteria and Central Bank of India will take into its books 80Percentage of the home loans under priority sector under mutually agreed terms HFFC will service the loan account throughout the life cycle of the loan The Co-Lending arrangement is expected to help both the entities to offer convenient experience and customer delight pas well as help expand reach across India