Northern Arc Capital, YES BANK sign strategic MoU to expand credit access
NORTHARC · price
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Northern Arc Capital and YES BANK signed an MoU on June 15, 2026 to expand credit access in India. NACL will leverage its 368 Originator Partners for credit deployment to YES BANK. Tech platforms nPOS, NIMBUS, NuScore, and Altifi will integrate with YES BANK's digital lending. YES BANK will distribute NACL's wealth and bond products, while NAIM (NACL's fund arm) offers AIFs/PMS to YES BANK clients. No consideration paid. Brokered by common shareholder SMBC, the deal targets financial inclusion.
Non-binding MoU with no cash outlay. Could expand NACL's reach via YES BANK's 1,583-branch network, creating new fee-based revenue streams.