PNB Housing and YES BANK will jointly do due diligence and co]originate the loan at an agreed ratio. PNB Housing will service the customers through the entire loan lifecycle, including sourcing, documentation and collection with an appropriate information sharing arrangement with YES BANK.

In 2020, RBI allowed the co]origination of HFCs with banks to enable non]banking finance companies and other banking institutions to provide mutually]beneficial risk assessment services. The revised co]lending model, introduced in November 2020, gives lenders greater flexibility vis]a]vis offering higher credit for the unserved and underserved segments of the population.