Central Bank of India inks co-lending pacts with Indiabulls Housing, IIFL Home Finance

Under this arrangement, non-banking finance companies (NBFCs) will originate and process retail home loans while Central Bank of India will take into its book 80 per cent of the housing loan under direct assignment transactions, the lender said in separate regulatory filings.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/central-bank-of-india-inks-co-lending-pacts-with-indiabulls-housing-iifl-home-finance/articleshow/83332440.cms