Edelweiss Partners With Standard Chartered

Mumbai, March 2: Edelweiss Housing Finance Ltd (EHFL) has partnered with Standard Chartered Bank for extending loans against property (LAP) to customers especially micro, small and medium enterprises (MSMEs).

Definitive agreements according to RBI’s Co-Lending Model (CLM) have been executed between EHFL and Standard Chartered Bank. This business partnership model will combine Standard Chartered Bank’s expertise in this segment with Edelweiss’ reach and strong origination capabilities, to improve the flow of credit at an attractive cost.