YES BANK and Indiabulls Housing Finance Limited have entered into a co-lending agreement to offer home loans to homebuyers at competitive interest rates. The partnership aims to provide an efficient and seamless experience to retail home loan customers.

The co-lending framework laid down by the Reserve Bank of India provides a collaboration tool to benefit from the low-cost funding model of a bank and the cost-efficient sourcing and servicing capabilities of a non-bank.

This is in line with YES BANK’s strategy of expanding its retail franchise through a mix of organic and partnership-led origination models.

YES BANK will provide efficient solutions around home Loans to customers across geographies to give them growth and profitability.