Press Release for Co-lending Agreement with M/s. Vastu Finserve India Private Limited
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Dhansafal Finserve has entered a co-lending partnership with Vastu Finserve India Pvt Ltd, a wholly-owned subsidiary of Vastu Housing Finance Corporation, to provide secured MSME and business loans in India's Tier 2 and Tier 3 markets. The co-lending arrangement is worth INR 75 crore and will operate under the RBI's co-origination (CLM 1 model) framework. Under this setup, Dhansafal will source customers while Vastu Finserve will handle underwriting using its technology platform, data analytics, and pan-India presence across 13 states and 70+ branches. Both companies are RBI-registered NBFCs, and the partnership is aimed at deepening financial inclusion for underserved borrowers.
This is a positive, growth-oriented announcement that gives Dhansafal access to Vastu's larger technology stack and wider distribution, potentially boosting loan origination volumes in the MSME segment without proportionally increasing its risk exposure under the co-lending model. For shareholders, it signals business expansion and a credible tie-up with a well-known housing finance group, though the INR 75 crore size is moderate relative to overall operations.