co-lending arrangement
| March 23, 2024, 5:30 a.m.
Star Housing Finance and Tata Capital Housing Finance Collaborate for Affordable Housing Lending
Star Housing Finance, focusing on semi-urban and rural housing finance, has partnered with Tata Capital Housing Finance to offer co-lending arrangements. This collaboration aims to provide housing finance to economically weaker sections (EWS) and low-income groups (LIG) at more affordable rates. Leveraging Tata Capital's strength and Star Housing's distribution network, the partnership seeks to serve customers across various geographies with differentiated origination capabilities. The CEOs of both companies expressed their commitment to reaching 5,000 families in the initial phase, emphasizing the development of a retail low-ticket home loan portfolio.
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