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Karnataka Bank and Clix Capital Enter Into Co-Lending Partnership

Karnataka Bank and Clix Capital Enter Into Co-Lending Partnership

Business & Finance
  Jan 16, 2024 19:15 IST PHOTOS BY P K ANANTH KUMAR Karnataka Bank (KBL), a leading Private Sector Bank and Clix Capital, one of India’s fastest growing new-age NBFC  have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform. The agreement is in line with the Reserve Bank of India's guidelines on co-lending by banks and NBFCs to priority sectors. Private sector lender Karnataka Bank and non-banking finance company (NBFC) Clix Capital on Tuesday signed up for a strategic digital co-lending partnership through the platform Yubi Co.Lend Speaking on the collaboration Mr. Srikrishnan H Managing Director & CEO,Karnataka Bank said "Our Colending partnership with Clix Capital will focus on digital credit to MSMEs with superior product and service o...