SBI partners with Edelweiss Financial Services’ arm for Co-Origination of loans to MSMEs

05 Sep 2019

State Bank of India (SBI) and Edelweiss Financial Services’ subsidiary -- ECL Finance have signed a Co-Origination agreement to increase access to credit for Micro, Small and Medium Enterprises (MSMEs).

This collaboration involves the sharing of risks and rewards between Banks and NBFCs and is a winwin for all involved parties; MSME customers, Banks and Edelweiss, creating a lending environment that truly democratizes credit flows to an important socio-economic segment. The partnership between SBI and Edelweiss comes close on the heels of SBI setting up a special NBFC Alliance department to step up lending to the priority sector.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Related State Bank Of India Links:

SBI Share Price

306.10 0.00 (0.00%) Nov 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
SBI 306.10
PNB 60.30
Bank Of Baroda 93.30
Canara Bank 200.15
Bank Of India 66.25
View more..
Sensex vs SBI
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463