Edelweiss Financial Services is looking to strengthen business in retail credit segment through co-lending pacts with State Bank of India, Bank of Baroda, Central Bank of India and Punjab National Bank. The LP-GP (Limited Partners-General Partners) model, where NBFCs partner with capital providers like banks, global and domestic institutional investors will help the sector focus on key capabilities in origination, product innovation, underwriting and recoveries.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.
