Finkurve Financial Services Limited has entered into a collaboration agreement with Indian Bank, under normal course of business. This collaboration establishes a significant strategic partnership aimed for offering Gold Loan for a superior customer experience using its digital lending platform. This partnership shall bring in several advantages to the Company, such as accessing the bank's lower cost of funds, leveraging their established customer base, benefiting from their regulatory framework and many more which shall boost the growth of the Company's gold loan portfolio.

Collaborating with Indian bank shall enhance the credibility of the Company and shall also bring in brand value. Co-lending arrangements allows the NBFC's to share their lending risks with the banks due to which the NBFC's can mitigate the impact of loan defaults on its balance sheet and enhance its ability to manage credit risks and liquidity requirements effectively.