The collaboration will also allow RBL Bank to mitigate credit risks by leveraging IMGC’s expertise. One of the essential advantages is double authentication, as IMGC will also validate each loan before sanction, ensuring high quality of portfolios for RBL Bank. “The teams have collaborated to develop an enabling proposition,” said Mahesh Misra, CEO, IMGC. “This shall expand product offering and also mitigate risk.”source https://economictimes.indiatimes.com/industry/banking/finance/rbl-bank-imgc-collaborate-to-offer-mortgage-guarantee-backed-home-loans/articleshow/92850656.cms
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