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Ugro Capital inks loan co-origination partnership with SBI

26 Nov 2019 Evaluate

Ugro Capital has entered into a loan co-origination partnership with State Bank of India (SBI). The collaboration will work towards offering credit at a competitive rate of interest with a reduced turn-around time by using Ugro Capital's indigenously developed co-lending technology platform 'GRO- Xstream'.

‘GRO-Xstream’ empowers banks and other large financial institutions to reach out to deepen their distribution reach and service small businesses across India. Smaller NBFCs can also opt for co-lending partnership with Ugro Capital leveraging Ugro Capital's proprietary analytical tool.

Ugro Capital is engaged in providing financial services. The company is registered as a category I merchant banker with Securities and Exchange Board of India (SEBI) and is involved in the activities related to investment, trading and arbitrage in shares and securities.

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