Yes Bank and Indiabulls Housing Finance have entered into a strategic co-lending agreement to offer home loans at competitive interest rates. The partnership aims at synergizing capabilities to provide an efficient and seamless experience to retail home loan customers. The 2 entities will follow the co-lending framework laid down by Reserve Bank of India, which provides a collaboration tool to benefit from the low-cost funding model of a bank and the cost-efficient sourcing and servicing capabilities of a non-bank. Rajan Pental, Global Head – Retail Banking, Yes Bank, said the collaboration is in line with the bank’s strategy of expanding its retail franchise through a mix of organic and partnership-led origination model. Gagan Banga, Vice Chairman & CEO, Indiabulls Housing Finance, his company can now leverage Yes Bank’s deposit-led franchise and complement that with Indiabulls’ technology-led distribution to provide efficient solutions around home loans to a wide gamut of customers across geographies, ticket-size and yield spectrum.