No worries over co-lending ties with IIFL Finance after RBI action: DCB Bank’s outgoing MD

No worries over co-lending ties with IIFL Finance after RBI action: DCB Bank’s outgoing MD

Story continues below Advertisement

Private sector lender DCB Bank has not seen any concern in its co-lending partnership with IIFL Finance, said Murali Natrajan, outgoing chief executive officer and managing director (CEO and MD) of the bank.
“On our co-lending deal with IIFL Finance, our relationship and portfolio quality so far, including payments, after March 4 has not shown any concern,” said Natarajan at a post-results press call on April 24.

Story continues below Advertisement

In a regulatory statement after the RBI action…
Read More…

Source: https://www.moneycontrol.com/news/business/no-worries-over-co-lending-ties-with-iifl-finance-after-rbi-action-dcb-banks-outgoing-md-12707426.html/amp