PNB Housing Finance, Yes Bank enter into co‐lending partnership for retail loans

PNB Housing Finance and Yes Bank jointly stated that they have entered into a strategic co-lending agreement for offering customised retail loans for homebuyers at competitive interest rates.

Both the organisations will now jointly do due diligence and co-originate the loan at an agreed ratio. PNB Housing Finance will serve the customers through the entire loan lifecycle including sourcing, documentation and collection with an information-sharing arrangement with Yes Bank.