YES Bank has entered into a co-lending partnership with Aadhar Housing Finance Ltd to offer home loans at competitive interest rates, the bank said in a release today.
In accordance with the agreement, both parties will offer customers from lower and middle-income groups convenient home financing options, such as home loans for salaried employees, loans for plot purchase and construction, loans for home improvements, loans secured by residential and commercial property, balance transfers, and others.
The agreement complies with the Reserve Bank of India's co-lending framework, which permits banks and non-banking organisations to cooperatively develop financial solutions.
Shares of the bank were 0.3% higher at ₹16.80 on NSE at 11:45 IST.
Lalu Prasad Yadav Files Nomination To Remain RJD Chief, Party Workers Cheer Iconic Leader’s Return
6 Telangana Students Return Safely From Israel & Iran Amid Ongoing Crisis
Mumbai Cricket: Why Is Prithvi Shaw Seeking 'NOC' From MCA To Play For Another State?
BSE Announces Demat Auction For Settlement DR-656, Trading Members Invited To Submit Offers On June 23
