IIFL Finance’s wholly-owned subsidiary -- IIFL Home Finance and Standard Chartered Bank have entered into a co-lending arrangement for extending MSME loans. Under this partnership, IIFL Home Finance and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance will service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing.
IIFL Finance is an Indian diversified financial services company.