MAS Financial Services ties up with Bank of India for credit support to MSMEs

MAS Financial Services Limited (MAS Financial) (BSE: 540749) (NSE: MASFIN), specialized in MSME financing, has entered into a strategic co-lending partnership with Bank of India for lending to micro, small and medium enterprises (MSME), further strengthening its decade old relationship with the bank.

The co-lending partnership will help MAS Financial Services to broaden its client base and expand the credit flow to the vast unserved and the underserved markets using its strong footprint across pan India, ensuring efficient last mile delivery of credit and extending credit where it is due.

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The business under this arrangement will scale up steadily and more enabling products will be introduced to serve the MSME segment which offers huge opportunity.