Bank of Maharashtra: Bank of Maharashtra, MAS Finance ink co-loan agreement

Bank of Maharashtra: Bank of Maharashtra, MAS Finance ink co-loan agreement

Under the co-lending arrangement, MAS Financial Services will originate and process the loans to MSME borrowers as per jointly formulated credit parameters and eligibility criteria and the state-owned lender will take into its book loans under mutually agreed terms, Bank of Maharashtra said in a release.

This partnership will result in greater expansion of portfolio by the bank and the non-banking finance company (NBFC).

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