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Central Bank of India, U GRO Capital ink co-lending deal; aim Rs 1,000 crore disbursal

Central Bank of India, U GRO Capital ink co-lending deal; aim Rs 1,000 crore disbursal

Wed, Dec 22, 2021

Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital's varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.

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SBI, U GRO Capital to disburse up to Rs 500 crores to MSMEs by March 22 as co-lenders

SBI, U GRO Capital to disburse up to Rs 500 crores to MSMEs by March 22 as co-lenders

Tue, Nov 16, 2021

NBFC company U GRO Capital on Tuesday said State Bank of India (SBI) has partnered with it for a co-lending arrangement to disburse up to Rs 500 crore to MSMEs by the end of this fiscal.

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MSME sector ALERT! Rs 1,000 crore loan - Bank of Baroda, U GRO Capital come together to launch co-lending platform 'Pratham'

MSME sector ALERT! Rs 1,000 crore loan - Bank of Baroda, U GRO Capital come together to launch co-lending platform 'Pratham'

Wed, Jul 21, 2021

The loan amount ranges from Rs 50 lakh to Rs 2.5 crore to be offered at an interest rate starting from 8 per cent with a maximum tenure of 120 months, it said.

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