Few insights:
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They are continuously increasing their co-lending book, got increased by 9% qoq. This is aligned with the long term objective of the management.
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They are focusing on Secured and unsecured business loans for co-lending and using their balance sheet to ramp-up Micro enterprise loans. This way they will earn a good fees from banks for co-lending and high spreads from Micro enterprise loans. Good proposition for Ugro.
Question(refer the screenshot below):
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What is co-origination, is it same as co-lending and why it got decreased?
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Why over all net loan origination is muted in the quarter for all the buckets(only micro enterprise loan-book increased minimally), need some clarity here?
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