{"id":115918,"date":"2023-12-20T16:11:05","date_gmt":"2023-12-20T10:41:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115918"},"modified":"2023-12-20T16:35:43","modified_gmt":"2023-12-20T11:05:43","slug":"dcb-bank-signs-co-lending-agreement-with-easy-home-finance-to-offer-affordable-home-loans","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/dcb-bank-signs-co-lending-agreement-with-easy-home-finance-to-offer-affordable-home-loans\/","title":{"rendered":"DCB bank signs co-lending agreement\u00a0with Easy Home Finance to offer affordable home loans"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-562105552\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this new gen Private Bank with a presence over 19 states and 3 union territories, have entered into a co-lending business alliance to offer affordable home loans and expand its business&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4018454632\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 3:15 p.m. the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DCBBANK\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">DCB Bank Limited<\/a><\/strong> were trading at Rs. 126.50, down 5.95 percent from its previous day\u2019s close price of Rs. 134.50 and its market capitalization is Rs. 3,948 Crores.\u00a0<\/p><p>DCB Bank and Easy Home Finance Limited have entered a co-lending business alliance to offer affordable home loans in the country by leveraging digital technology.&nbsp;<\/p><p>This alliance seeks to leverage DCB Bank\u2019s expertise in the affordable housing segment and Easy Home Finance Limited\u2019s capabilities to enable quick disbursement of affordable home loans and fulfill the dream of many an Indian of owning a home, come true. The USP is to target the paperless processing of home loan&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2769686951\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Easy Home Finance\u2019s asset-light model of neo-banking mortgage and a greater reach for digital home loans combined with the rural and urban connect of DCB Bank will help customers in faster processing of their home loan application.&nbsp;<\/p><p>Speaking on the partnership, Mr. Narendranath Misha, Head-Retail &amp; Agri Loans, DCB Bank, said, \u201cThe alliance enables the Bank to reach more geographies and deeper access in the affordable home loan arena. It will add to the home loan footprint of the Bank.&nbsp;<\/p><p>Its expertise in origination and credit assessment will be boosted with the expertise and digital tech of Easy Home Finance. It will enable more customers to experience the range of affordable home loan products of DCB Bank and fulfill the homeownership dreams of prospective customers in underserved geographies.&nbsp;<\/p><p>Mr. Rohit Chokhani, Managing Director, Easy Home Finance Limited, said, Our alliance with DCB Bank is a significant step towards providing affordable home loans and reaching added Indian households. In a bid to offer paperwork-efficient, cost-effective, and hassle-free home loans in the market, we are embarking on this journey.&nbsp;<\/p><p>As a common motive of being more customer-centric and broadening the geographical footprint, it aims to make the customer&#8217;s homeownership journey easier while offering them highly interactive digital experiences. Furthermore, customers will now be able to enjoy the best of both worlds, the trust of DCB Bank and the tech-focused offerings of Easy.&nbsp;<\/p><p>The company\u2019s interest earnings grew by 19.57 percent from Rs. 3512.77 Crores in FY22 to Rs. 4,609.66 Crores in FY23, accompanied by increasing profits of Rs. 287.5 Crores to Rs. 465.56 Crores.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3355238855\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>DCB Bank is a new-gen private bank engaged in providing banking and financial services through four segments i.e., treasury operations, wholesale banking, retail banking and other banking services.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-13825400\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this new gen Private Bank with a presence over 19 states and 3 union territories, have entered into a co-lending business alliance to offer affordable home loans and expand its business&nbsp; At 3:15 p.m. the shares of DCB Bank Limited were trading at Rs. 126.50, down 5.95 percent from its previous day\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-115918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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