This collaboration marks Ambit Finvest’s fourth co-lending alliance, following the successful partnerships with Union Bank of India, Small Industries Development Bank of India (SIDBI), and Central Bank of India
FinTech BizNews Service
Mumbai, June 24, 2025: Ambit Finvest Private Limited (“Ambit Finvest”), the Non-Banking Financial Company (NBFC) of the Ambit Group, has announced entering into a co-lending partnership with DCB Bank Ltd. to provide loans to Micro, Small, and Medium Enterprises (MSME). This collaboration marks Ambit Finvest’s fourth co-lending alliance, following the successful partnerships with Union Bank of India, Small Industries Development Bank of India (SIDBI), and Central Bank of India.
The Reserve Bank of India’s co-lending framework is designed to harness the complementary strengths of banks and NBFCs to accelerate priority sector lending.
Mr. Damodar Agarwal, Head of Strategic Initiatives and Alternate Channels at DCB Bank Limited, said, “DCB Bank is delighted to partner with Ambit Finvest for the co-lending program. This business tie-up combines Ambit Finvest’s extensive distribution network and underwriting expertise with DCB Bank’s strong credit framework and advanced digital capabilities. Together, we aim to better serve the credit needs of the underserved segments and further our commitment to financial inclusion. We look forward to a fruitful and long-term partnership.”
Mr. Sanjay Agarwal, CEO, Ambit Finvest, added, “We are excited to join hands with DCB Bank to enhance credit accessibility for the MSME sector. This strategic alliance will enable Ambit Finvest to leverage DCB Bank’s robust balance sheet to offer secured business loans at more competitive, blended interest rates. Through this partnership, we aim to reach a wider segment of MSMEs, many of whom continue to face challenges in securing adequate credit.”
The co-lending model creates a win-win framework where NBFCs, known for their expertise in last-mile funding can expand their operations by leveraging the financial strength of banks. Conversely, banks can broaden their geographic presence and effectively fulfil their Priority Sector Lending (PSL) obligations. Most importantly, this model facilitates faster and more affordable access to credit for underserved MSMEs.
