Ambit Finvest has signed a co-lending agreement with Union Bank of India (UBI) for lending to Micro, Small and Medium Enterprise (MSME) customers. Ambit Finvest is the non-deposit taking Non-Banking Financial Company (NBFC) of the Ambit Group.
This tie-up will enable underwriting for enterprises in 11 states that are currently covered by Ambit Finvest.
Points to Note:
- Ambit Finvest agreement with Union Bank of India (UBI) for lending to Micro, Small and Medium Enterprise (MSME) customers
- Ambit Finvest: Mumbai, Maharashtra
- Union Bank of India Hq: Mumbai, Maharashtra
Click here to read Current Affairs for government exams
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