Arka Fincap signs co-lending partnership with Central Bank of India for MSME loans

Arka Fincap, part of the Kirloskar Group, announced a partnership with Central Bank of India to offer MSME loans. Under this co-lending arrangement, Arka will originate and process loans while Central Bank will fund 80%. Arka aims to grow its book to Rs 7500 crore by FY25, focusing on MSME lending.