HDFC Bank Forms Co-Lending Partnership With CreditWise Capital
HDFC Bank has entered into a co-lending partnership with CreditWise Capital (CWC) to provide two-wheeler loans. According to a statement from CWC, this collaborative agreement will make two-wheeler loans accessible in Tier 2, 3, and 4 cities across India.
Aalesh Avlani, the Founder and Director of CWC, emphasised that this partnership represents a significant shift in the lending landscape. The alliance leverages HDFC Bank's expertise in offering credit facilities and CWC's loan processing platform, which assesses potential borrowers and evaluates their credit profiles.
Prashant Patel, Executive Vice President of Capital and Commodity Markets at HDFC Bank, stated, "The collaboration with CWC aligns with our vision of expanding our reach and meeting the evolving needs of our customers."
