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HDFC Bank partners with Davara KGFS for Co-lending Loans

Published on July 28, 2023
Current Context: Co-lending partnership between HDFC Bank and Dvara KGFS for micro loans. This is a recent development that aims to provide capital to micro business units operating primarily in the unorganised sector across 10 states in India.
HDFC Bank partners with Davara KGFS for Co-lending Loans
  • Dvara KGFS is a Chennai-based NBFC that focuses on rural lending and financial inclusion.HDFC Bank is one of the largest private sector banks in India with a strong presence in urban and semi-urban areas.
  • The co-lending partnership will leverage the strengths of both entities to reach out to micro enterprises that have limited access to formal sources of finance.
  • The co-lending model (CLM) is a regulatory framework that enables banks and NBFCs to collaborate in providing joint loans to end borrowers. It helps banks to create a scalable priority sector lending (PSL) portfolio and offer loans to MSMEs at competitive rates.
  • It also helps NBFCs to leverage their distribution networks in regions with limited banking presence and cater to creditworthy customer segments that struggle to access formal banking credit.


Q.1 What is the name of the NBFC that HDFC Bank partnered with for co-lending loans to micro enterprises?
a. Bajaj Finserv
b. Muthoot Finance
c. Dvara KGFS
d. L&T Finance
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