Private Sector IndusInd Bank announces its tie-up with Non-Banking Finance Company SV Credit Line for one co lending MoU for loan of Rs 500 crore exclusively for women borrowers. SV Credit Line said in a statement that the agreement will help rural women access affordable credit, which they can use for a wide range of economic activities such as agriculture, animal husbandry, trade and local manufacturing.

“The fact is that we offer our products and services only to women customers,” said Vivek Goyal, CEO, SV Credit Line Group.

The NBFC (Non-Banking Finance Company) lends only to women customers and serves 3.5 lakh customers through its 248 branches spread across 10 states and 130 districts.