MoneyWorks4Me

TruCap Finance, HDFC Bank commence business under co-lending partnership

21 Sep 2023 Evaluate

TruCap Finance (TRU) and HDFC Bank have commenced business under a co-lending partnership where TRU will leverage its Lending-as-a-Service (L-a-a-S) model to offer quality credit solutions to underserved borrowers. 

Under this partnership, HDFC Bank and TRU will offer MSME Business Loans and Gold Loans to borrowers pre-dominantly in non-urban locations. With quick approvals, competitive rates and extended reach, this collaboration empowers more individuals and businesses to fulfill their dreams. 

TruCap Finance (formerly known as Dhanvarsha Finvest)  is a listed, non-deposit taking RBI Registered NBFC. It is a specialized MSME lender solving the gap in providing access to affordable credit solutions to entrepreneurs.


Peers
Company Name CMP
Power Finance Corpn. 338.70
REC 311.80
NHIT 171.00
Satin Creditcare Net 237.25
IFCI 73.94
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