Joint Venture5 Mar 2026, 08:11 pm
Finkurve Financial Services Partners with Godrej Finance for Gold Loans under RBI Co-Lending Framework
AI Summary
Finkurve Financial Services Limited (Arvog) has announced a strategic co-lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capital, to offer gold loan products under the Reserve Bank of India’s co-lending framework. The partnership will enable Arvog to scale its gold loan portfolio in a capital efficient and risk aligned manner, aiming to enhance capital rotation, liquidity management, and cost-efficient funding.
Key Highlights
- Finkurve Financial Services Limited (Arvog) has partnered with Godrej Finance Limited (GFL) under the RBI’s co-lending framework.
- Godrej Finance will hold an 80% participation, while Finkurve Financial Services (Arvog) will retain a 20% share.
- The partnership aims to enhance capital rotation, liquidity management, and cost-efficient funding for Arvog.
- Arvog will lead loan sourcing and origination, while credit assessment and sanctioning will be carried out under a mutually agreed credit framework.
- The partnership is expected to strengthen and scale Arvog’s gold loan franchise.