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UCO Bank signed Co-Lending Agreement with Aadhar Housing Finance Ltd

Published on November 12, 2021
Current Context: The UCO Bank and Aadhar Housing Finance Ltd has entered into a co-lending agreement.
UCO Bank signed Co-Lending Agreement with Aadhar Housing Finance Ltd
  • The co-lending agreement was signed to offer affordable home loans at competitive interest rates.
  • The partnership aims to reach a large section of society with efficient home finance solutions.
  • The Aadhar Housing Finance network consists of more than 300 Branches covering 12,000+ locations.
  • The UCO Bank will make use of this vast network to deliver home loans.
  • Static Part: 
    • HQ of UCO Bank: Kolkata, West Bengal
    • MD and CEO of UCO Bank: Atul Kumar Goel
    • HQ of Aadhar Housing Finance Ltd: Mumbai

Question: 

Q.1 Which bank entered into a co-lending agreement with Aadhar Housing Finance Ltd to deliver home loans?
a. Union Bank of India
b. Punjab National Bank
c. State Bank of India
d. UCO Bank

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