- Business Standard
Capri Global rises after partnering with Union Bank for co-lending
Capri Global Capital gained 1.96% to Rs 529.45 after the company entered into a co-Lending agreement with Union Bank of India to offer MSMEs loans.
Through the collaboration, Capri Global Capital and Union Bank of India aim to disburse MSME loans across 100+ touch points pan India. The loan disbursement under this arrangement would commence from December 2021.
The agreement is signed under the co-lending guidelines issued by RBI in November 2020 for CoLending to the Priority Sector.